Forster, New South Wales

Coastal freehold going concern 32 keys | Resort Brokers ID : FH008607

$9,150,000

Business Description

ResortBrokers presents an exceptional business opportunity with the Island Palms Motor Inn in Forster. This expansive 6,240sqm property features 32 well-maintained motel rooms and two residences.

Positioned on a main road, it offers significant exposure and accessibility. With a current occupancy rate of 63 percent and a strong repeat clientele, the property is under-trading, presenting substantial revenue growth potential.

Facilities include a commercial kitchen, restaurant, and swimming pool. Recently refurbished, this property is poised for success, supported by local developments and a thriving tourism sector.

First time on the market in over 21 years.

- Prime 6,240sqm landholding
- 32 spacious, well-maintained motel rooms
- Includes two residences; a four-bedroom and a two-bedroom
- Situated on a main road in a bustling coastal tourism area
- Significant revenue growth potential
- Rare large-scale property ownership opportunity
- First time on the market in over 21 years
- Local developments promise ongoing growth
- Inspections by appointment
Date updated: 16 Mar 2025 22:00:06