MOTEL & CARAVAN PARK ON NSW NORTH COAST FOR SALE, GREAT PRESENTATION! 16% RETURN
SOLD
Business Description
We are proud to have been appointed as EXCLUSIVE Brokers to market the Park Drive Motel and Caravan Park for sale.
The Motel consists of 23 fully renovated 3 1/2 star rooms and also a Caravan Park comprising 36 powered sites.
This business has a Riverside location and is at the entry to the Town.
It presents in outstanding condition as the current owners have worked tirelessly to improve the property and bring it to the travelling public in it's present condition.
There is a 3 bedroom Manager's residence and also another 2 bedroom that can be used for assistant Managers, or let out as the current owners do.
The business offers new owners a very solid base to continue the growth that it has already experienced.
Offering a return in excess of 13.5%, this business will suit all buyers.
1. Exclusive brokerage appointment for sale of Park Drive Motel and Caravan Park
2. 23 fully renovated 3 1/2 star rooms and 36 powered sites
3. Riverside location and at the entry to the town
4. Outstanding condition due to owners' tireless efforts
5. 3 bedroom Manager's residence and 2 bedroom for assistant Managers or rental
6. Solid base for continued growth
7. Return in excess of 13.5%, suitable for all buyers
8. Located on the NSW North Coast
9. Motel and Caravan Park operated by current owners
10. Great presentation and condition of property
11. Opportunity for new owners to continue growth and improvements
12. Manager's residence and additional 2 bedroom for potential rental income
13. Prime location at the entry to the town
14. Strong return on investment at 16%
15. Well-maintained and renovated rooms and sites
16. Potential for increased revenue through marketing and promotions.
