Ballina, New South Wales
1816ML - COASTAL LEASEHOLD MOTEL
SOLD
Business Description
- First motel on the way into town from Sydney.
- 18 rooms of varying configurations- 10 down and 8 upstairs.
- Solid AAA rated 3.5 star with up to date R&M.
- Onsite pool, undercover parking and extra space for large vehicles.
- 3 bedroom, 2 bathroom residence with downstairs day room.
- Ample storage, 2 sheds and backyard suitable for kids or family pet.
This bed and breakfast motel is a perfect couples’ operation. Well maintained rooms, good parking and space to spread out. Located on the southern entrance to Ballina this motel has been a good performer for many years. The 2,446 m2 flat block is adjacent to Dan Murphys and West Tower Tavern meaning your guests have food options at their doorstep. With flights from Sydney and Melbourne daily and Byron Bay being so dear for accommodation, Ballina has become a tourism hotspot for the drive market as well as for longer stays.
Via the motorway this property is only 1 hour from the Gold Coast and 2 hours to Brisbane. It is also an ideal layover on the long drive from Sydney to QLD for tourists.
The vendors are realistic and have priced the property on a 3 year average taking COVID-19 into account.
Considering coastal motels are hard to come by, don’t miss out on this opportunity as it may be a while before the next one is available.
Call Tony now to secure your future.
Net Profit $186,452 - 3 year average
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1816ML (quote when enquiring)
Property Code: 3531
Business Summary
Key Investment Insights
1. Well-maintained and solid AAA rated 3.5 star motel with up-to-date repairs and maintenance.
2. Located on the southern entrance to Ballina, making it a popular stop for tourists driving from Sydney to Queensland.
3. 18 rooms of varying configurations, providing options for different types of guests.
4. Onsite pool, undercover parking, and extra space for large vehicles, making it a convenient and comfortable stay for guests.
5. 3 bedroom, 2 bathroom residence with a downstairs day room, providing a comfortable living space for owners.
6. Ample storage, 2 sheds, and a backyard suitable for kids or a family pet.
7. Adjacent to popular amenities such as Dan Murphys and West Tower Tavern, providing food options for guests.
8. Only 1 hour from the Gold Coast and 2 hours from Brisbane, making it easily accessible for tourists.
9. Realistic pricing based on a 3 year average, taking into account the impact of COVID-19.
10. Rare opportunity to acquire a coastal motel, as they are in high demand and limited supply.
