Pambula, New South Wales
1069ML - Well Placed for Growth
SOLD
Business Description
- Outstanding highway exposure.
- 16 well-appointed rooms.
- Large family residence.
- Spacious area for cars, boats and vans.
Nestled in the picturesque valley between Merimbula and the timber regions of Eden lies the village of Pambula. With a wide and impressive streetscape the Idlewilde Town and Country Motor Inn offers comfortable accommodation in its 16 rooms with ground floor terraced areas off each room leading on to manicured lawns and landscape. For breakfasts, evening meals and conferencing requirements there is a well serviced dining room overlooking an all year round heated indoor swimming pool.
The residence is on the first floor with direct access to the reception area and consists of three well-proportioned bedrooms, lounge and kitchen area and an enormous rumpus room for the kids or a games room.
Popular with coach groups exploring the magnificent South Coast this opportunity is worthy of serious consideration.
Net profit $59,796 for 2014/15
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1069ML (quote when enquiring)
Location: Situated on the unspoilt Sapphire Coast, halfway between Melbourne and Sydney, and less than 3 hours from Canberra, the historic village of Pambula offers the best of both worlds.
The village provides all of the conveniences including excellent restaurants, art and craft shops, hairdressers, supermarket and two historic pubs which provide live entertainment most weekends. Bike tracks are accessible from the motel which extends to Pambula Beach, Merimbula Main beach and town centre.
Merimbula Airport is located 2 km from Merimbula's town centre. Use the taxi services available at the terminal to make the short trip south. Alternatively, rent a car from the hire services available at the airport.
Each January, Pambula hosts its annual country show, always the first for the region's show season.
Property Code: 1782
Business Summary
Key Investment Insights
1. Well-established and successful motel business located in a picturesque and popular tourist destination on the Sapphire Coast.
2. 16 well-appointed rooms with ground floor terraced areas and manicured lawns.
3. Large family residence on the first floor with direct access to the reception area.
4. Spacious area for parking cars, boats, and vans.
5. Well-serviced dining room overlooking an all year round heated indoor swimming pool.
6. Popular with coach groups and tourists exploring the South Coast.
7. Net profit of $59,796 for 2014/15.
8. Located in the historic village of Pambula, offering a range of conveniences and amenities.
9. Close proximity to Merimbula Airport and other popular tourist destinations.
10. Annual country show held in Pambula each January, attracting visitors to the area.
11. Potential for growth and expansion with the right management and marketing strategies.
12. Ideal opportunity for a motivated buyer looking to enter the hospitality industry or expand their current portfolio.
13. Property ID: 1069ML.
14. Property Code: 1782.
