Merimbula, New South Wales
LEASEHOLD GEM ON THE NSW SAPPHIRE COAST! - 851ML
SOLD
Business Description
Boasting a prime central location this property benefits from consistent year-round demand, driven by both robust NSW and Victorian leisure markets.
- Leasehold Opportunity.
- Loyal corporate clientele.
- Reputation for quality.
- Entering a phase of renewed growth.
- High occupancy and healthy turnover.
- 29 room bed and breakfast.
Adjusted Net Profit: $456,402 for 2024/25
Contact Jen Todd from Tourism Brokers for further information or to arrange an inspection.
Property ID: 851ML (quote when enquiring)
Property Code: 5280
Business Summary
Key Investment Insights
1. Leasehold opportunity, not freehold, providing lower acquisition cost compared with freehold purchases.
2. Prime central location on the NSW Sapphire Coast, supporting strong visitor access and visibility.
3. Consistent year round demand driven by both NSW and Victorian leisure markets, reducing seasonality risk.
4. Loyal corporate clientele, providing a stable revenue base alongside leisure guests.
5. Reputation for quality, supporting premium pricing and repeat business.
6. Property reported high occupancy and healthy turnover, indicating strong operational performance.
7. 29-room bed and breakfast, offering meaningful scale for staffing efficiencies and revenue generation.
8. Entering a phase of renewed growth, signalling upside potential for new owner-operators.
9. Adjusted net profit of $456,402 for 2024/25, demonstrating robust cash earnings and attractive returns.
10. Listed with Tourism Brokers, contact Jen Todd for inspections, Property ID 851ML and Property Code 5280 for enquiries.
