Merimbula, New South Wales
EXCEPTIONAL INVESTMENT OPPORTUNITY - 851MI
UNDER CONTRACT
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
Key Investment Insights
1. Highly profitable investment opportunity with strong returns.
2. Located in a popular tourist destination with a high demand for accommodation.
3. Well-maintained and modern property with 29 units.
4. Prime location in the center of Merimbula, a hub for the Sapphire Coast.
5. Current rental return of 7.1% with potential for further increase.
6. Easy access from major cities such as Sydney, Melbourne, and Canberra.
7. Diverse range of activities and attractions for tourists in the area.
8. Annual rental income of $242,658 plus GST.
9. Experienced and knowledgeable broker available for further information and inspections.
10. Property ID: 851MI, Property Code: 4664.
