Merimbula, New South Wales
PRIME COASTAL FREEHOLD - 1576MF
SOLD
Business Description
An exceptional freehold opportunity in the heart of Merimbula - the booming hub of the Sapphire Coast. A 20-room property with a proven track record, strong cash flow and growth potential.
- Award-winning reputation - #1 on TripAdvisor for 12 years.
- Prime CBD location - minutes to airport with daily flights to Sydney and Melbourne.
- Strong financials - FY2025 turnover $645K (ex GST), +47% above pre-COVID.
- Upgraded asset - solar, EV chargers, heat-pumps, Smart TVs, 17 rebuilt bathrooms.
- Efficiency gains - electricity costs cut 45%, gas by 85%.
- Growth potential - lift occupancy, target family and group markets, expand services.
The property offers immediate returns, exceptional reputation, and clear long-term strategies - a rare chance to secure a premium coastal freehold with both cash flow and capital upside.
Adjusted Net Profit: $432,360 for 2024/25
Contact Jen Todd from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1576MF (quote when enquiring)
Property Code: 5297
Business Summary
Key Investment Insights
1. Award-winning asset, ranked #1 on TripAdvisor for 12 consecutive years, providing strong reputation and repeat booking potential.
2. 20-room freehold property in Merimbula, offering direct ownership of land and buildings.
3. Prime CBD location, minutes to Merimbula Airport with daily flights to Sydney and Melbourne, enhancing visitation and seasonal demand.
4. FY2025 turnover $645K (ex GST), representing a 47% increase versus pre-COVID trading, indicating robust recovery and demand.
5. Adjusted Net Profit $432,360 for 2024/25, demonstrating strong cash flow and attractive operating profitability.
6. Significant asset upgrades including solar panels, EV chargers, heat pumps, Smart TVs, and 17 rebuilt bathrooms, reducing short-term capital expenditure requirements.
7. Proven operating efficiencies, with electricity costs reduced by 45% and gas costs by 85%, improving margins and sustainability credentials.
8. Explicit growth levers identified: increase occupancy, target family and group market segments, and expand ancillary services, indicating clear upside for a new owner.
9. Immediate income-generating capability with clear long-term capital appreciation potential as a premium coastal freehold.
10. Location on the Sapphire Coast positions the property within a booming regional tourism hub, supporting year-round and peak-season demand.
11. Listing shows property as SOLD and business value indicated as $0, signalling the transaction status should be confirmed with the broker before enquiring.
12. Property identifiers provided, Property ID 1576MF and Property Code 5297, for streamlined enquiries to the listing broker.