Grafton, New South Wales

1551MF - Freehold at 20% ROI - WOW!

SOLD

Business Description

They say that location is everything. However, in this game a motel with huge growth potential is a true winner.

This motel offers a new buyer a good location and enormous potential to improve profits and secure their future either running the motel or selling off a lease and having a solid investment.

- The new owner of this motel will reap the rewards as soon as settlement happens.

- Motel occupancy has grown in the last year but still well under city average.

- The owner has just spent $70K on external improvements.

- There are 30 motel rooms, 1 x 2-bedroom unit and 1 x 3-bedroom house.

- Over 4,000m2 block with sub-division or development potential.

- Great main road presence with an abundance of parking for cars, trucks, coaches.

- Multiple residence options - choose a studio unit, 2-bed unit or 3 bedroom house.


With massive government spending on infrastructure, Grafton is a city on the move. It is a great place to live and a better place to own a profitable business.

Call now to enquire on the buy of the year.

Net profit $397,736 for 2017 calendar year (as provided by owner)

Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1551MF (quote when enquiring)

Location: One of Australia's most beautiful provincial cities, Grafton is renowned for its Jacaranda trees, graceful old buildings, sporting and cultural facilities, and its location on the banks of the Clarence River.

As the thriving commercial hub of the Clarence Valley, Grafton has a range of great shopping, award winning restaurants and a smorgasbord of entertainment from the many pubs and clubs. Outdoors, every turn reveals a stunning vista. Manicured gardens glow with seasonal blossoms and, throughout the year, Grafton's stately streets and parks host festivals and community celebrations that attract thousands of visitors.

Property Code: 2072

Business Summary

Marketing Agent
Tony Johnson
Tony Johnson

Key Investment Insights

1. Prime location with potential for growth and profitability.
2. Motel occupancy has increased in the past year but still below city average.
3. Recent external improvements worth $70,000 have been made.
4. 30 motel rooms, 1 x 2-bedroom unit and 1 x 3-bedroom house.
5. Large block with potential for sub-division or development.
6. Great main road presence with ample parking for various vehicles.
7. Multiple residence options for guests.
8. Grafton is a city on the move with massive government spending on infrastructure.
9. Net profit of $397,736 for 2017 calendar year.
10. Located in one of Australia's most beautiful provincial cities, renowned for its Jacaranda trees and cultural facilities.
11. Thriving commercial hub with great shopping, restaurants and entertainment options.
12. Stunning outdoor scenery and regular community events attract visitors.
13. Property ID: 1551MF.
14. Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
15. Property Code: 2072.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

Freehold Sunshine Coast Motel with DA Approval with 14% ROI - 1P5973M
Darra Motel & Conference Centre Leasehold.
Profitable Motel Opportunity - Vendor Finance
Mid North Coast Motel Lease Opportunity
FREEHOLD PASSIVE INVESTMENT OF A RENOVATED QUEENSLAND CARAVAN PARK.
Iconic Australian Hotel Gympie - Historic & Hospitable
INVESTMENT OPPORTUNITY OF A LIFETIME - 2824MF
UNIQUE SUNSHINE COAST MOTEL WITH DA APPROVAL - 2826MF
PALM COVE SHORT STAY RESORT
Coastal Freehold Motel
Handsfree Investment Opportunity In Wellington Central
Currumbin Waters Permanent
LUCRATIVE ROBINA BUSINESS + LARGE 3 BEDROOM TOWNHOUSE | Resort Brokers ID : MR008142
Rural living at its best with uncapped potential! | Resort Brokers ID : FH008127
INDUSTRIAL/RESIDENTIAL CARETAKING PORTFOLIO IN BRISBANE
Easy Caretaking in Carindale - Perfect for Semi-retired or First Time Manager
RARE MOTEL INVESTMENT - 217MI
IDEAL PASSIVE INVESTMENT FOR THOSE SEEKING FINANCIAL SECURITY - 1941MI