Key Investment Insights
AI generated. Confirm details with the seller.
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.