Iluka, New South Wales

Freehold $1,620,000

Property Description

682MF - Coastal Lifestyle Motel

- Well-presented freehold – the only motel in town

- 9 rooms of varying configurations ranking 9.4 on booking.com

- Compact owner's residence with three-car garaging and plenty of storage

- 1,257m block with motel only occupying one third of the land

- Plenty of potential for further development

- Landscaped gardens and undercover barbeque area

- Central village location close to the main river

- Ideal getaway location for keen fishermen, families and couples alike

- Consistent occupancy in the low 70's

- Low overheads and no staffing requirements

This is an ideal motel for a couple wanting to live a relaxed coastal lifestyle while earning a good income and still having time to enjoy the local surrounds. Without the need to employ staff you will have your work day completed by lunchtime most days. This gives one of you the opportunity to fish, golf, bowl, surf, ride, relax or whatever your heart desires. There aren’t many smaller motels that allow you this much flexibility.

In addition there is the opportunity to further develop your land or purchase an adjoining parcel of land to truly make your mark on this village.

Why waste time, call now and secure your sea change!

Net profit $174,949 for 2017/18

Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

Property ID: 682MF (quote when enquiring)

Property Code: 2870

Property Summary

Motel Information

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

Marketing Agent


Marketing Agency

Tourism Brokers

Tony Johnson
Tourism Brokers

Phone

Listing Tools

This listing last updated: 10th September 2018

Property Map

Map Location ( get directions )

Iluka, New South Wales 2466 Exact map location not provided

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