Merimbula, New South Wales

SOUTH COAST NSW FREEHOLD MOTEL, 20 ROOMS WITH MAGNIFICENT VIEWS

SOLD

Business Description

We are pleased to have been appointed to market the freehold going concern of the Norfolk Pine Motel located in Merimbula on the South Coast of NSW.

The property sits atop a hill offering outstanding views to the Lake and beyond.

The Motel consists of 20 rooms of various types and occupies a 5004 square metre parcel of land.

Land of this size and this close to the town is very tightly held and this opportunity will attract developers as well as those looking for a great business and a good future land bank.

There are possible subdivision opportunities STCA.

With only a few minutes drive to beaches, restaurants, shops, pub & clubs- all of which are there for guest's enjoyment in the lovely Merimbula surrounds.

The motel is a one minute drive or short walk to Top Lake. Access the boat hire facilities or Kiosk & Tapas Bar - look out over the beautiful lake and mountains, while you enjoy breakfast, a great coffee or watch the sun go down with a drink and tapas!

Business Summary

Marketing Agent

Neil Bourke

A B Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Prime location on the South Coast of NSW with stunning views of the lake and beyond.
2. Consists of 20 rooms of various types, catering to a wide range of guests.
3. Occupies a 5004 square metre parcel of land, providing potential for future development.
4. Close proximity to beaches, restaurants, shops, and other attractions, making it an ideal location for guests.
5. Potential for subdivision opportunities, subject to council approval.
6. One minute drive or short walk to Top Lake, providing easy access to boat hire facilities and a kiosk & tapas bar.
7. Tightly held land in the area, making this a rare and valuable opportunity for developers and investors.
8. Well-established business with a good reputation and potential for growth.
9. Offers a peaceful and scenic setting for guests to enjoy.
10. Potential for additional income streams, such as hosting events or offering additional services.
11. Ideal for owner-operators or investors looking for a profitable and sustainable business.
12. Strong demand for accommodation in the area, ensuring a steady flow of guests.
13. Potential for future expansion or renovation to further enhance the business.
14. Attractive lifestyle opportunity for those looking to live and work in a beautiful coastal location.