Narooma, New South Wales
HOW I DO LIKE TO BE BESIDE THE SEASIDE! - 965ML
SOLD
Business Description
- South Coast prime position Leasehold in popular tourist destination.
- 12 rooms B & B style (room service breakfast) .
- Balcony to all rooms - second level rooms having north coast views.
- Spotless inspection, property well maintained.
- Good mix of trade - workers and travellers.
- Medium sized units with quality features.
- 2 bedroom residence with shared kitchen and private yard.
- Golden Chain affiliated 3.5 star (self-rated).
- Ideal first-time motel / husband and wife operation.
Rare opportunity presented to live and work amongst the beauty at this inlet on the NSW South Coast. Located on the Princess Highway just blocks from the beach and within 10 minute walk to pubs, restaurants and shopping.
Units have ample facilities - all self-contained kitchenettes with microwaves.
Net Profit: $113,921 for 2021/22
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 965ML (quote when enquiring)
Location: Narooma is a little coastal haven surrounded by world-class beaches and the serenely beautiful Wagonga Inlet. Narooma is a three-hour drive south-east of Canberra, a five-hour drive south of Sydney and an eight-hour drive north of Melbourne. This small town is big on all those things that make Australia special – great climate, undeveloped beaches, expansive eucalypt forests, abundant and spectacular native wildlife and fabulous food. On top of that, its oysters are the best in Australia.
Property Code: 4384
Business Summary
Key Investment Insights
1. Prime location in a popular tourist destination on the South Coast.
2. 12 well-maintained B&B style rooms with balcony access and views.
3. Good mix of trade with both workers and travelers.
4. Medium sized units with quality features.
5. Includes a 2 bedroom residence with shared kitchen and private yard.
6. Affiliated with Golden Chain and self-rated at 3.5 stars.
7. Ideal for first-time motel owners or a husband and wife operation.
8. Ample facilities in units, including self-contained kitchenettes with microwaves.
9. Net profit of $113,921 for 2021/22.
10. Rare opportunity to live and work in a beautiful coastal location.
11. Close proximity to the beach, pubs, restaurants, and shopping.
12. Narooma is a popular destination with a great climate, undeveloped beaches, and abundant wildlife.
13. Oysters in the area are considered the best in Australia.
