Yamba, New South Wales
UNIQUE WATERFRONT "MOTEL STYLE" RESORT
Under Contract / Offer
Business Description
Seize the opportunity to own and operate a unique “motel style” waterfront management rights business in the picturesque coastal town of Yamba. With its stunning views, relaxed lifestyle, and thriving tourism market, Yamba is one of the most sought-after destinations on the New South Wales North Coast.
The business is in a prime location with an established reputation. The Moby Dick Motel has been a trusted name for visitors for decades, with a strong customer base and positive reviews. The complex consists of 25 well maintained motel units and 4 townhouses. 22 units are included in the letting pool along with three 3 bedroom townhouses. The business is well priced and showing a healthy net profit. There are no set office hours and the Resort is well-Suited for couples or individuals: The size and structure of the motel make it ideal for hands-on owners who want to create a welcoming, personal guest experience. The simple, functional two -story layout makes the motel easy to manage, with the current owners having excellent processes in place for new owners to step in seamlessly.
- Low Maintenance
- Easy to Operate
- No Set Office Hours
- Healthy Net Profit $331,284
- Stable Letting Pool
- Booming Coastal Town
- Long Agreements in place 10 year Caretaking and 25 year Letting
If you’ve been dreaming of a lifestyle change and a new business venture, this is an opportunity you won’t want to miss!
Property Code: 197
Business Summary
Business Snapshot
Price: Under Contract / Offer
Body corp salary review: CPI Annually
Managers Unit
Bedrooms: 2Bathrooms: 1Car Spaces: 2Office: On TitlePets OK: YesGround floor 2 Bedroom 1 bathroom 2 car spaces
Extra on title; commercial kitchen, guest laundry, linen storeroom lockup shed, 3 x storerooms upstairs
Complex Information
Complex Type: HolidayStar Rating: 3Total Units in Complex: 29Total Units in Letting Pool: 25Owner Occupy Units: 2Lockup Units: 1Manager Units: 1Agreement Module: StandardAgreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesSpa: YesBBQ Area: YesWIFI: YesFunction Facilities: Yes
Key Investment Insights
1. Waterfront “motel style” resort in Yamba, capitalising on a sought-after NSW North Coast tourism market and scenic views.
2. Established trading name, Moby Dick Motel, with a trusted reputation and positive reviews, supporting repeat and referral business.
3. Healthy reported net profit of $331,284, indicating strong current cashflow.
4. Total of 29 units comprising 25 motel units and 4 townhouses, with 25 units in the letting pool providing scale and revenue consistency.
5. Long-term agreements in place, including a 25-year letting agreement with 22 years remaining, and a 10-year caretaking agreement, providing contractual income stability.
6. Low-maintenance, easy-to-operate two-storey layout, suited to hands-on owner-operators or couples, with established processes for seamless transition.
7. Manager’s unit on title, 2 bedrooms, 1 bathroom, 2 car spaces, pets allowed, offering on-site accommodation and operational convenience.
8. On-site back-of-house infrastructure includes commercial kitchen, guest laundry, linen storeroom, and multiple storerooms, supporting efficient operations.
9. Resort amenities include pool, spa, BBQ area, WiFi, and function facilities, enhancing guest appeal and ancillary revenue opportunities.
10. Business currently under contract/offer, with body corporate salary reviewed by CPI annually, and a stable letting pool in a booming coastal town.
