Merimbula, New South Wales
Heavily reduced price - Motel leasehold & Vendors terms.
SOLD
Business Description
This will be a great buy for the next Vendors at a very good price.
Due to health reasons, this motel is available for both an attractive price and possible Vendors terms.
To run a successful Motel and live in a town you will love, sets the scene to be happy in life.
The tourists come here to enjoy the delights of beautiful Merimbula, from gorgeous beaches and shimmering lakes to delicious fresh seafood and great restaurants and cafes.
This charming seaside town located on the beautiful NSW South Coast is perfect for water sports, and there is also an aquarium and wildlife sanctuary to explore.
This motel is located in a prime position right in the middle of the town next to all the cafes and restaurants, and has great exposure to passing traffic.
Many coach companies use this motel, and secure advanced bookings are in place, which provides for future security.
The coach companies find this motel very suitable for their clientele and favour this motel for its great location in the town, its great facilities for their guests, and every room has a water view.
The rooms are extremely spacious, clean and flexible enough to suit all customers specific needs.
There are 26 motel rooms and 4 are self-contained suites that are very popular. There is also a 2 bedroom managers residence.
Also available for guests is an in-ground swimming pool and an onsite laundry.
Long lease of 23 years.
This Motel is one of the best in Merimbula. This will become your home and business in a great part of the world.
With the growth potential of the new artificial reef, and some smart online/social media marketing would combine for some further growth of this leasehold, going concern Motel.
This motel also has a great website.
Asking price is $598,000 and very negotiable.
Vendors terms available.
Vendors are keen to do a fair deal to serious buyers.
Quote MSA 5005 and contact Michael Keltie NOW, on - ---------- , or submit an enquiry.
Business Summary
Key Investment Insights
1. Motel located in prime position in popular seaside town of Merimbula
2. 26 spacious and flexible rooms, including 4 self-contained suites
3. 2 bedroom manager's residence
4. In-ground swimming pool and onsite laundry for guests
5. Long lease of 23 years
6. Strong and secure bookings from coach companies
7. Potential for growth with new artificial reef and smart marketing
8. Vendors willing to negotiate and offer Vendors terms
9. Asking price of $598,000
10. Contact Michael Keltie for more information.
