Taree, New South Wales

Renovated Mid North Coast Freehold Going Concern Motel - 23 Rooms - 1P6333M

FHGC $5,600,000

Business Description

CRE Brokers are proud to have been appointed exclusive marketing agents for the sale of the Taree Highway Motor Inn as a Freehold Going Concern.

The Motel offers outstanding value for money offering customers ground floor motel accommodation and excellent quality rooms at affordable prices, backed-up with outstanding customer service.

There are 23 rooms in total, 17 ground floor motel rooms plus 6 deluxe 2 room suites. There have been extensive renovations and the property presents extremely well. The vendors have taken great pride in the property with a strong attention to detail in all the improvements which have had a positive impact on growth in sales and profit.

This Motel is conveniently located only 1km north of the Town Centre, walking distance to restaurants, cinema, sporting fields and backs onto the beautiful Manning River. There are many revenue streams to explore with the continued growth of the entire Mid North Coast region and ongoing investment in infrastructure initiatives.

Business Summary

Marketing Agent

Key Investment Insights

1. Affordable prices and excellent quality rooms attract customers to the motel.
2. Outstanding customer service adds value to the customer experience.
3. Extensive renovations have been completed, resulting in a well-presented property.
4. Strong attention to detail in improvements has positively impacted sales and profit.
5. Convenient location near the town centre and within walking distance to amenities.
6. Multiple revenue streams available for potential growth.
7. Ongoing investment in infrastructure in the Mid North Coast region provides potential for future growth.
8. 23 total rooms, including 17 ground floor motel rooms and 6 deluxe 2 room suites.
9. Backs onto the beautiful Manning River, providing a scenic backdrop for guests.
10. Freehold Going Concern, offering the opportunity for long-term ownership and control of the property.
Listing location
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