Taree, New South Wales
URGENT SALE NEEDED, GREAT MOTEL LEASEHOLD, 20 ROOMS SHOWING A MASSIVE RETURN!!!
SOLD
Business Description
Our Vendor want all offers submitted.
We are pleased to offer the leasehold interest of this high 3.5 star Motel located in Taree, NSW.
The Motel provides a variety of room types and includes one with disabled facilities.
There is a small Restaurant seating 20 guests and also a licensed cocktail bar.
The commercial kitchen is fully equipped kitchen, and the residence also has a kitchen.
The property is ideal for group bookings boasting a spacious riverside BBQ area, which can also be accessed from the river from the well constructed Motel owned jetty.
Situated less than 1 kilometre from the main town Centre on the main road into Taree from the North, this is one of the premier Motels in the area.
There is a large and fully self contained residence.
Business Summary
Key Investment Insights
1. Urgent sale needed - The seller is highly motivated to sell the business and is looking for all offers to be submitted.
2. Great motel leasehold - The business is a leasehold, meaning the buyer will take over the existing lease and not own the property.
3. 20 rooms with a high occupancy rate - The motel has 20 rooms of various types, all of which are in high demand and generate a significant return for the business.
4. Located in Taree, NSW - The motel is situated in a popular tourist destination in New South Wales, making it an attractive location for potential buyers.
5. Variety of room types - The motel offers a variety of room types, including one with disabled facilities, catering to a diverse range of guests.
6. Small restaurant and licensed cocktail bar - The business has a small restaurant and licensed cocktail bar, providing additional revenue streams for the business.
7. Fully equipped commercial kitchen - The commercial kitchen is fully equipped, allowing for efficient and high-quality food service for guests.
8. Spacious riverside BBQ area - The motel has a spacious BBQ area located by the river, providing a unique and attractive feature for guests.
9. Premier motel in the area - The business is considered one of the top motels in the Taree area, making it a desirable investment opportunity.
10. Fully self-contained residence - The property also includes a large and fully self-contained residence for the owner or manager to live on-site.
11. Ideal for group bookings - The motel's facilities, including the BBQ area and jetty, make it an ideal location for group bookings and events.
12. Close proximity to town centre - The motel is conveniently located less than 1 kilometre from the main town centre, making it easily accessible for guests.
13. Main road exposure - The motel is situated on the main road into Taree from the North, providing high visibility and exposure to potential customers.