Grafton, New South Wales
Acquire a busy 31 room motel in CBD of large NSW Northern Rivers coastal region | Resort Brokers ID : FH008425
Under Contract / Offer
Business Description
ResortBrokers exclusively presents a prime opportunity to acquire a prominent 31-room property, ideal to operate under management. This very clean and tidy motel in the sought-after Northern Rivers region of NSW sits on an expansive 1,665m2 block right in the CBD. Consistently high occupancy rates and revenue, it includes a spacious manager's residence. A very rare chance to secure a large freehold motel in a region known for strong tourism and economic growth.
- Prime asset nestled in the highly coveted Northern rivers region of NSW
- Esteemed as one of the top-tier motels in Grafton
- 31-room property suitable to run under management or sell off the lease
- Promising ROI yield, outperforming regional benchmarks
- Consistent occupancy and a loyal customer base
- Preferred choice for a diverse range of patrons - workers, travellers, and visitors
- Spacious manager's residence, ingeniously repurposed from a former restaurant space
- Long-standing ownership, indicating its enduring appeal
- Inspections by appointment only
Date updated: 02 Dec 2024 22:00:02
Business Summary
Business Snapshot
Price: Under Contract / Offer
Net Profit: $829,368