EXCELLENT LEASEHOLD MOTEL OFFERING A 35% ROI - BOOMING COASTAL REGION
SOLD
Business Description
We are excited to Exclusively offer for sale this excellent leasehold motel located in the picturesque NSW Northern Rivers town of Maclean. This beautifully presented motel, featuring 14 good sized rooms of various configuration. The residence is a good size free standing 3-bedroom home with the motel reception attached.
The site also has the bonus of a 5-6 RV sites and 2 amenities blocks located at the back of the motel that are currently not being utilised. With a little bit of work the new operator could get these up and running and cash in on the booming caravanning market (STCA).
This region is booming and the motel is showing strong growth with further upside with tariff increases. The rent to net profit ratio is excellent with an adjusted net profit of $242,000, offering the new owner a 35% ROI. This one ticks a lot of boxes.
Don’t miss this opportunity, call now to arrange an inspection.
1. Excellent leasehold motel located in a picturesque NSW Northern Rivers town of Maclean.
2. Features 14 good sized rooms of various configuration.
3. Free-standing 3-bedroom home with motel reception attached.
4. Bonus of 5-6 RV sites and 2 amenities blocks currently not being utilized.
5. Potential for further income from the booming caravanning market (STCA).
6. Strong growth in the region.
7. Potential for tariff increases.
8. Excellent rent to net profit ratio with an adjusted net profit of $242,000.
9. Offers a 35% ROI for the new owner.
10. Opportunity to capitalize on the booming tourism industry in the region.
11. Well-maintained and beautifully presented property.
12. Potential for further development and expansion.
13. Located in a popular and sought-after tourist destination.
14. Close to amenities and attractions.
15. Established and loyal customer base.
16. Experienced and reliable staff in place.
17. Opportunity for owner-operator or management.
18. Potential for growth and increase in revenue.
19. Strong financial performance and profitability.
20. Opportunity for a lifestyle change in a beautiful coastal region.
