Coffs Harbour, New South Wales

$1,850,000

Property Description

EXCELLENT FHGC MOTEL IN MAJOR NORTH COAST REGIONAL CITY

AN EXCELLENT OPPORTUNITY to buy a rare Freehold Going Concern Motel in a sought-after North Coast regional city midway between Brisbane and Sydney. With direct highway exposure in the centre of town, only walking distance to restaurants and shopping and a short trip to beaches this is a popular motel with both business travellers and holiday makers.

Comprising of 17 clean neat and spacious units of various configurations, the current owners have continually updated their facilities to ensure all the rooms are comfortable for guests. The managers residence is a generous 2 bedroom open plan unit but there is potential to convert the 3 bedroom balcony apartment upstairs to utilize as a managers residence if required.

Currently run under management this is the perfect opportunity for a new owner to operate the motel themselves, grow the business sell off a lease and take passive income or continue to run under management.

The current owner is keen to move on as he has other projects underway. Don’t miss this opportunity to buy a great freehold business in an idyllic coastal city.

Property Summary

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Marketing Agent

  • Scott Saunders

  • 07 5530 1578
  • 0447 774859
  • send email

Marketing Agency

A B Brokers

A B Brokers

A B Brokers

Scott Saunders
A B Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Coffs Harbour, New South Wales 2450 Exact map location not provided

Similar Properties

SOUTH WEST ROCKS
2523MF - Lifestyle Change on the Coast

Reduced Freehold $1,800,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers

BALLINA
BEAUTIFULLY PRESENTED FHGC MOTEL IN ONE OF...

Under Contract / Offer
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

A B Brokers
Management Rights For Sale in Byron Bay's Most Sought After Location - 1P3939MR
Exclusive

BYRON BAY
Management Rights For Sale in Byron Bay's...

Management Rights $1,850,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

CRE Brokers

BALLINA
2340MF - Refurbished Coastal Freehold

Freehold $1,799,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers

LAKE CATHIE
388CPF - A Small Tidy Park in a Beachside...

Freehold $1,880,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers

NELSON BAY
Business For Sale - Spectacular Nelson Bay...

Under Contract / Offer
Net Income: $262,996
Managers Estate: $800,000 2 Bed 2 Bath
Letting Pool: 54
Remuneration: $76,561

MR Sales