Merimbula, New South Wales

EXCEPTIONAL INVESTMENT OPPORTUNITY - 851MI

SOLD

Business Description

- This is an extremely good investment opportunity!

- One of Merimbula's most popular motels has its investment component available for you to add to your Investment Portfolio!

- This is a must to inspect!

- 29 exceptionally maintained units.

- Centre Town location in Merimbula, hub of the Sapphire Coast.

- Showing 7.1% return and with a further rental increase in October, you can't go wrong.

- Don’t Miss It! Contact us now for further details.

Merimbula is just under six hours' drive from Sydney, 7hrs 30 mins from Melbourne and three hours from Canberra. It is a small, charming seaside town that is the holiday 'resort' of the Sapphire Coast and welcomes many thousands of tourists throughout the year. The principal activities for visitors are fishing, swimming, surfing, boating, lake cruises, scuba diving, sailboarding, canoeing.

Annual Rent: $242,658 plus GST

Contact Jen Todd from Tourism Brokers for further information or to arrange an inspection.

Property ID: 851MI (quote when enquiring)

Property Code: 4664

Business Summary

Marketing Agent

Jen Todd

0433 33....

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Popular motel in a prime location in Merimbula, a popular tourist destination.
2. Investment component available for purchase, providing a great opportunity for investors.
3. 29 well-maintained units, ensuring a high level of guest satisfaction.
4. Showing a 7.1% return with potential for further rental increase in the near future.
5. Located in the heart of Merimbula, surrounded by the town's amenities and attractions.
6. Merimbula is a popular holiday destination for tourists, offering a range of activities and attractions.
7. Annual rent of $242,658 plus GST, providing a steady and attractive income for investors.
8. Merimbula is easily accessible from major cities, making it a desirable location for tourists.
9. Strong potential for growth and development in the future.
10. Contact Jen Todd from Tourism Brokers for further information or to arrange an inspection.