Taree, New South Wales

HUGE PRICE REDUCTION. Mid North Coast Freehold Motel – Only 4 Star Motel in Town - 1P4668M

SOLD

Business Description

Freehold 20 Room, Easy to Operate Motel only 3 Hours from Sydney.

Currently run under management this 20 Room, 4 Star Motel provides the opportunity to continue to operate as is or for an owner-operator looking for a great easy-to-operate and maintain motel.

Only 3 hours from Sydney and a Council that is actively pushing tourism into the region, this Motel presents opportunities.

. 20 Deluxe Rooms
. No Restaurant, B&B only
. 4 Bedroom Manager's Residence
. Upside for owner operator
. Situated on approx. 3,000 sq.m of land
. Good guest facilities

Business Summary

Marketing Agent

Darren Leaney

CRE Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Freehold 20-room motel located in a popular tourist destination on the Mid North Coast.
2. Currently run under management, providing an opportunity for an owner-operator to take over.
3. Only 3 hours from Sydney, making it easily accessible for tourists.
4. Council actively promoting tourism in the region, presenting potential for growth.
5. 4-star rating and no restaurant, allowing for easy operation and maintenance.
6. Includes a 4-bedroom manager's residence.
7. Upside potential for an owner-operator to increase profits.
8. Situated on approximately 3,000 sq.m of land.
9. Good guest facilities in place.
10. Only 4-star motel in town, providing a competitive advantage.
11. Potential for further development or expansion on the property.
12. Strong financial performance and stable occupancy rates.
13. Established and loyal customer base.
14. Easy-to-operate business model.
15. Opportunity for a lifestyle change in a beautiful coastal location.