Merimbula, New South Wales

THRIVING COASTAL FREEHOLD MOTEL IN MERIMBULA CBD

SOLD

Business Description

Step into a world of endless possibilities with this exceptional 20-unit motel nestled in the heart of Merimbula, New South Wales. Boasting a stellar reputation and a prime location, this thriving business is a lucrative investment waiting to be seized. FY turnover $645K (ex GST) Adjusted Profit $425K.

Picture this: guests strolling through the CBD, exploring the vibrant surroundings, and returning to their comfortable abode at the end of the day. With recent renovations and with the appropriate management enhancements, the potential for increased revenue is high.

Ranked as the #1 property on Trip Advisor for 12 consecutive years, this motel is a beacon of excellence in the hospitality industry. Yet, there's still untapped potential for growth - group bookings and family-focused marketing strategies are ripe for exploration.

Conveniently situated halfway between Sydney and Melbourne, this motel is a sought-after destination for travellers seeking a relaxing stopover. Daily flights to Sydney and Melbourne provide easy access, ensuring a steady stream of guests year-round.

An approved Concept DA for 18 strata studios + residence adds even more value to this already lucrative investment. Recent upgrades, including a solar system (72 panels), heat pumps, smart TVs, 17 renovated bathrooms, and a new pool lining, ensure that guests enjoy a modern, comfortable stay.

Don't miss out on this rare opportunity to own a successful motel in a vibrant location. Seize the moment and make this business your own today!

Business Summary

Marketing Agent

Jim McDonald

0433 14....

Jim McDonald Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Freehold 20-unit motel in Merimbula CBD, offering ownership of land and buildings and central location appeal.
2. FY turnover $645K (ex GST) with Adjusted Profit $425K, indicating strong profitability and attractive return on investment.
3. Ranked #1 on TripAdvisor for 12 consecutive years, providing exceptional online reputation and strong organic demand.
4. Recent renovations and 17 renovated bathrooms, smart TVs and new pool lining, delivering modern guest amenities and reduced immediate capital expenditure.
5. 72-panel solar system and heat pumps, offering energy cost savings and improved operating margins.
6. Approved Concept DA for 18 strata studios plus residence, presenting clear redevelopment or value-add diversification potential.
7. Underserved growth opportunities in group bookings and family-focused marketing, signalling targeted revenue uplift with minimal capital outlay.
8. Prime coastal CBD position, enabling walkable guest experience and strong proximity to local retail and dining.
9. Strategic location halfway between Sydney and Melbourne, supporting steady transient traffic and drive-stop trade.
10. Daily flights to Sydney and Melbourne, enhancing accessibility for interstate travellers and potential off-peak demand.
11. Described as thriving with a stellar reputation, implying established repeat customers and high occupancy history.
12. Management optimisation cited as a lever for increased revenue, indicating operational upside without major structural changes.