164 Imlay, Eden, New South Wales

Sapphire coast dream location

SOLD

Business Description

The Twofold Bay Motor Inn leasehold offer's a coastal lifestyle and an income that you have always dreamed of.

Property highlights:

24 well-presented rooms

Central location (close to major tourist attractions)

Strong corporate following

Can be easily managed by a couple

Enjoy a solid income from day one – Net $330,000 P/A

2017/2018 occupancy rate average is 70% so there is room for improvement.

Rated 4.5 on TripAdvisor

3 bedroom manager's residence included in the lease

Eden is booming:

The port is getting a $44-million makeover so it can host the new super liner cruise ships. (Up to 5000 passengers per ship)

Eden's growth as a cruise destination is set to continue with 15 cruise ships due to visit the Sapphire Coast this season, up from 14 last year and eight the year before.

There is an approval for a new 154 berth marina.

A plan to link Eden to Canberra by rail is being put forward to the federal government using obsolete train lines via Cooma and Bombala. (Estimated travel time 139 minutes Canberra to Eden when completed)

Make your move today and take advantage of Eden's economic boom.

Business Summary

Business Snapshot

Price: SOLD Net Profit: $330,000

Motel Information

Total Rooms: 24Stars: 4Sale Type: LeaseholdLease Term: 20 years

Hotel Information

Total Rooms: 24Stars: 4Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: LeaseholdLease Term: 20 years

Marketing Agent

Mick Scott

Lyall And Scott Property

Key Investment Insights

AI generated. Confirm details with the seller.

1. Prime coastal location with close proximity to major tourist attractions
2. Strong corporate following and consistent occupancy rates
3. 24 well-presented rooms and a 3 bedroom manager's residence included in the lease
4. Net income of $330,000 per year with potential for improvement
5. Rated 4.5 on TripAdvisor, indicating positive customer reviews and satisfaction
6. Eden is experiencing economic growth with a $44-million port makeover and plans for a new marina and railway link to Canberra
7. Opportunity for a couple to easily manage the business and enjoy a coastal lifestyle
8. 20-year lease term provides stability and long-term income potential.

ROI Estimate: 26.40%