Copacabana, New South Wales
2518ML - Central Coast NSW - Exceptional Leasehold Motel! BIG 38% RETURN!
SOLD
Business Description
- The owner has slashed the price and adjusted the rent for a quick sale!
- As new luxury, boutique Apartments.
- Popular Central Coast Location 1.5 hours from Sydney.
- 15 Self-contained Apartments. No Cooking!
- Strong growth in Turnover and plenty of scope for more
- Long Lease and a dream to operate.
- Keyless Property with CCTV.
- Secure under complex parking with lift access.
- Great combination of Beach Lifestyle and Income!
- Contact us now for further details.
Net profit $158,865 for 2017/18
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2518ML (quote when enquiring)
Location: Copacabana NSW is a well-loved surfing beach. It's a small town away from noise and traffic. It's also one of the most relaxing holiday spots on the Central Coast. Here you find only one hotel and a handful of shops and restaurants. It takes about 30 seconds to walk down the main street.
For a great coffee, breakfast or lunch go to Allagai Bay Cafe. It's the local's favourite cafe. Excellent restaurants are located five minutes away in Avoca. The finest are Bombini and Mojito Joe's.
Copacabana beach is one of the Central Coast's most breathtakingly beautiful and serene beaches. Copacabana also features a large lagoon located on the south side of the beach and is a perfect spot for kayaking or some snorkelling where you can check out the local marine life.
Property Code: 2596
Business Summary
Key Investment Insights
1. The motel is located in a popular and highly sought-after location on the Central Coast, only 1.5 hours from Sydney.
2. The property consists of 15 self-contained luxury apartments, making it a popular choice for both short and long-term stays.
3. The current owner has adjusted the rent and slashed the price for a quick sale, making it a great opportunity for potential buyers.
4. The property has shown strong growth in turnover and has potential for further growth.
5. The long lease and keyless property with CCTV make it a secure and easy to operate business.
6. The property offers secure under complex parking with lift access, making it convenient for guests.
7. The combination of beach lifestyle and income makes it an attractive investment opportunity.
8. The property has a net profit of $158,865 for the 2017/18 financial year.
9. The location of Copacabana offers a peaceful and relaxed atmosphere, with only one hotel and a handful of shops and restaurants.
10. The nearby town of Avoca offers excellent dining options, including popular restaurants such as Bombini and Mojito Joe's.
11. Copacabana beach is known for its breathtaking beauty and features a large lagoon, perfect for water activities such as kayaking and snorkelling.