Budgewoi, New South Wales

239MF - Motel on the Lake

SOLD

Business Description

Approximately an hour from both Sydney and Newcastle.
Set in peaceful and quiet surroundings.
13 ground floor units with a variety of room configurations.
Uninterrupted views of the local lake.
Ready access to fishing spots, boat hire and walkways.
Conveniently located near beaches, clubs and other eateries.
Ideal for the family holiday, a quick getaway or the commercial traveller.

This motel is located approximately an hour's drive from both Sydney and Newcastle. It is situated in the coastal town of Budgewoi on the Central Coast.

Set in quiet and peaceful surroundings, the property with its 3 star rating has 13 ground floor units, several of which have uninterrupted views of the local lake. With ready access to fishing spots, boat hire and walkways, along with the variety of room configurations, this property is ideal for the family holiday, a quick getaway or the commercial traveler.

The motel is also conveniently located near beaches, clubs and other eateries and is a comfortable base from which to explore the scenic Central Coast.

Net profit $140,000 estimated

Contact Warren Sweetman from Tourism Brokers for further information or to arrange an inspection.

Property ID: 239MF (quote when enquiring)

Budgewoi is a suburb located on the Central Coast of New South Wales, as part of the Wyong Shire local government area. Budgewoi itself is located more than 100 km north of the Sydney central business district. Much of the town is surrounded by water; Lake Munmorah, Budgewoi Lake and the Pacific Ocean. An Ideal spot for water enthusiasts.

Property Code: 2357

Business Summary

Marketing Agent

Warren Sweetman

0498 96....

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Convenient location: The motel is located approximately an hour's drive from both Sydney and Newcastle, making it easily accessible for travelers.

2. Peaceful and quiet surroundings: The property is set in a peaceful and quiet area, providing a relaxing atmosphere for guests.

3. Variety of room configurations: With 13 ground floor units, the motel offers a variety of room configurations to cater to different needs and preferences.

4. Uninterrupted views: Some of the rooms offer uninterrupted views of the local lake, providing a scenic and tranquil experience for guests.

5. Access to recreational activities: The motel has ready access to fishing spots, boat hire, and walkways, making it an ideal destination for water enthusiasts.

6. Conveniently located near amenities: The property is conveniently located near beaches, clubs, and other eateries, providing guests with easy access to amenities and entertainment options.

7. Suitable for different types of travelers: The motel is suitable for family holidays, quick getaways, and commercial travelers, making it a versatile accommodation option.

8. Potential for profit: The estimated net profit of $140,000 makes this business a potentially profitable investment opportunity.

9. Experienced broker available for assistance: Interested buyers can contact Warren Sweetman from Tourism Brokers for further information or to arrange an inspection.

10. Scenic location: The motel is situated in the coastal town of Budgewoi, surrounded by water and offering a scenic location for guests to explore.

11. Ideal for water enthusiasts: With its proximity to lakes and the ocean, the motel is an ideal spot for water enthusiasts to enjoy various recreational activities.

12. Local government area: Budgewoi is part of the Wyong Shire local government area, providing a stable and supportive community for the business.

13. Property code for easy reference: The property has a designated code (239MF) for easy reference when enquiring about the business.