Perfect Coastal Lifestyle Opportunity on the Sapphire Coast
Perfect Coastal Lifestyle Opportunity on the Sapphire Coast
Perfect Coastal Lifestyle Opportunity on the Sapphire Coast
Perfect Coastal Lifestyle Opportunity on the Sapphire Coast
Perfect Coastal Lifestyle Opportunity on the Sapphire Coast
Perfect Coastal Lifestyle Opportunity on the Sapphire Coast
Perfect Coastal Lifestyle Opportunity on the Sapphire Coast
Perfect Coastal Lifestyle Opportunity on the Sapphire Coast
Perfect Coastal Lifestyle Opportunity on the Sapphire Coast
Perfect Coastal Lifestyle Opportunity on the Sapphire Coast

Perfect Coastal Lifestyle Opportunity on the Sapphire Coast

$290,000Sold

Merimbula Gardens Motel offers a great coastal lifestyle business opportunity in the heart of the popular Sapphire Coast tourist region. Situated in an elevated position over looking the charming seaside township of Merimbula and just a short walk from the town centre and the Main Beach waterfront, this South Coast property offers good returns and plenty of potential, in an area with strong established tourist trade.

Key Features

  • Well located with elevated position close to town centre and Main Beach and Merimbula Lake.
  • Right at the heart of well loved tourism region with high repeat visitation.
  • Easy to run property - perfect for couple.
  • 25 ground floor motel units with at door parking and coach access (23 x rooms - 3 star rated & 2 x rooms - 3.5 star rated).
  • Budget Motel - member of the Arra Accommodation Group.
  • Comfortable two bedroom with ensuite manager’s residence.
  • Breakfast restaurant and licensed bar.
  • Solar heated in-ground salt water pool.
  • 25 year lease.
  • Close to airport.

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH003977
Property Type: Motel
Region: NSW - South Coast
Suburb: Merimbula
Sale Type: Leasehold
Net Profit: $70,966
Price: $290,000

Location

Listing Agent(s)

Agent Feedback

Russell acted for us in the sale of our property, Pigeon House Motor Inn in Ulladulla. We found him professional, experienced and his negotiation skills were outstanding in a situation which, at times, was not straight forward. He kept us informed at all times, attended the inspection and during the process right up to settlement, conducted himself as every good Broker should. Congratulations and our many thanks Russell and we look forward to dealing with you in the future.

- Allen & Jenny Hoadley
Vendor,
Pigeon House Motor Inn

Congratulations on this sale and thank you for all your help over the past months. It is fitting that you have made this sale as you were the only agent that actually brought a client for an inspection of the property.

- John Keogh KIANINNY RESORT

Russell, Thanks for assisting both of us in the transaction of Ulladulla Pigeon House Motor Inn Purchase. Our first Motel purchase in Australia. At times it seemed difficult to work on this transaction being overseas in USA for most of the time, but your quick responses by email or phone made this very easy.Your network of people are also of great value and assitance. You have great qualities as a sales agent, up front, trustworthy and you have the best/quickest communication response time I have ever experienced. I would recommend you to all my friends and family in future. Thanks again Mate !!!    

- Denesh & Soni Chandra
Vendors,
Ulladulla Pigeon House Motor Inn