Yamba, New South Wales
UNIQUE WATERFRONT "MOTEL STYLE" RESORT
SOLD
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: SOLD
Remuneration / Body Corp Salary: $44,887Body 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, a high‑demand NSW North Coast tourism town, offering strong location appeal and scenic views.
2. Established trading name Moby Dick Motel with decades of repeat business, positive reviews and a strong customer base.
3. Healthy reported net profit of $331,284, indicating solid cashflow for an owner‑operator.
4. 29 total units on site, comprising 25 motel units and 4 townhouses, with 25 units included in the letting pool.
5. Long term contractual security, with a 25 year letting agreement originally and approximately 22 years remaining, plus a 10 year caretaking agreement.
6. Low maintenance, easy to operate format with no set office hours, well suited to hands‑on couples or individuals.
7. Manager’s unit on title, 2 bedrooms, 1 bathroom, 2 car spaces, pets permitted, supporting owner occupancy and on‑site management.
8. On‑site operational infrastructure includes commercial kitchen, guest laundry, linen storeroom, three storerooms upstairs, and a lockup unit.
9. Resort amenities enhance guest appeal and ancillary revenue potential, including pool, spa, BBQ area, wifi and function facilities.
10. Simple two‑storey layout and existing documented processes provide an easy transition for new owners, reducing operational ramp‑up risk.
