Coffs Harbour, New South Wales

Coffs Harbour Lodge/Backpackers Located Near the Heart of the CBD - 1P5295M

FHGC $1,795,000

Property Description

Albany Lodge is located near the heart of the CBD of Coffs Harbour on the Mid North Coast of NSW. It is now for sale for the first time in over 25 years as a Freehold Going Concern/Investment Opportunity.

Currently housing 16 permanent residents and located in a highly visible position. Central to all services, it is within walking distance of the CBD, 3.6km to Park Beach Plaza and 2.2km to the Airport.

It was originally designed and operated as backpacker lodge, however for the convenience of minimal oversight, the current owner now provides basic long-term accommodation.

The Lodge offers substantial room sizes providing the new owner with the option to offer shared rooms which may double the current income.

The Coffs Harbour bypass is due to commence soon and will add to the already high demand for longer term accommodation. This is a premium site with R3 Medium Density zoning and presents as a very attractive potential development site with medium to long term holding income or as a sound passive investment opportunity.

Property Summary

Motel Information

Marketing Agent
Darren Leaney
Darren Leaney

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

SUNSHINE COAST QLD - 42 HA* SITE DA APPROVED FOR TOURIST PARK
2145ML - STARTER MOTEL SHOWING OVER 34% ROI
Perfectly Run permanent with High BC salary
Calder Family Motel, Kangaroo Flat VIC - 1P0075
Business For Sale - Premium Port Macquarie Business - ID 7846 BL
2165ML - AN AFFORDABLE BUSINESS - YOUR GATEWAY TO INDEPENDENCE
UNIQUE Management Rights Rockhampton (Great Tenants) Same managers 17 years
Business For Sale - In the Heart of Mooloolaba - $422,932 Net - ID 8923 BL
THIS IS THE CHEAPEST FREEHOLD CARAVAN PARK EVER AVAILABLE IN NSW!
Beautiful beachside leasehold property with a 51% return & won't break the bank | Resort Brokers ID : LH006828
Townsville CBD Leasehold Opportunity
2663MF - CBD MONEY MAKER 56 RENOVATED APARTMENTS WITH STRONG UPSIDE
591ML - QUALITY LEASEHOLD IN STRONG REGIONAL CENTRE
Excellent freehold motel in thriving Queensland country town | Resort Brokers ID : FH006820
2659ML - ABSOLUTE WATER FRONTAGE LEASEHOLD WITH ENORMOUS POTENTIAL TO IMPROVE
Caretaking only with unit
1853ML - A QUALITY MOTEL CLOSE TO MELBOURNE
5 Acres Of Beautiful Country To Live. Caravan Park For Sale.