Grafton, New South Wales
NSW NORTH COAST - 25 ROOM LEASEHOLD MOTEL
SOLD
Business Description
EXCLUSIVE AGENTS
On offer is this excellent motel in the very strong NSW North Coast town of Grafton. Featuring 25 rooms of various configuration plus a 70-seat restaurant and licensed bar. As a bonus to the existing business the current owners choose to reside in a 5-bedroom apartment which can be split into a 3br and 2br self-contained apartments and let out to generate additional profits. There is a 2-bedroom mangers unit attached to reception.
- Selling at a 37% Return On Investment
- Excellent rent to net profit ratio
- Large motel 25 room with a potential BONUS of 2 self contained units to add to profits
- Excellent location for a pet freindly motel
Grafton is seeing excellent growth and is a strong motel town. Home to many annual sporting events and the famous springtime Jacaranda festival, Grafton attracts many visitors wanting to explore all the region has to offer.
After 17 years operating the business, the vendors have decided to retire and have priced the business to sell.
Don’t miss this opportunity, call now to book an inspection.
Loctaion
The Motel is in the thriving NSW North Coast town of Grafton. The motel is well located on the main road into Grafton from the northern exit of the Pacific Hwy. Only 3 ½ hours to Brisbane and 6 ½ hours to Sydney and at the end of the Gwydir Hwy from the west. Grafton is a regular stopping point for Business travellers and those holidaying along the NSW and QLD coasts.
Property Code: 165
Business Summary
Key Investment Insights
1. 25 room motel with potential for additional profits through 2 self-contained units
2. Located in the strong and growing town of Grafton on the NSW North Coast
3. 37% Return On Investment and excellent rent to net profit ratio
4. Ideal location for a pet-friendly motel
5. Grafton is home to annual sporting events and the famous Jacaranda festival, attracting many visitors
6. Owners have operated the business for 17 years and are now looking to retire
7. Well-located on the main road into Grafton, a regular stopping point for business travelers and holidaymakers
8. Only 3 ½ hours to Brisbane and 6 ½ hours to Sydney
9. Potential for growth and expansion in a popular tourist destination
10. 5-bedroom apartment can be split into 3br and 2br self-contained units for additional profits.
