Premium Coastal Leasehold Offering With Record Low Rent Ratio!
Premium Coastal Leasehold Offering With Record Low Rent Ratio!
Premium Coastal Leasehold Offering With Record Low Rent Ratio!
Premium Coastal Leasehold Offering With Record Low Rent Ratio!
Premium Coastal Leasehold Offering With Record Low Rent Ratio!
Premium Coastal Leasehold Offering With Record Low Rent Ratio!
Premium Coastal Leasehold Offering With Record Low Rent Ratio!
Premium Coastal Leasehold Offering With Record Low Rent Ratio!
Premium Coastal Leasehold Offering With Record Low Rent Ratio!

Premium Coastal Leasehold Offering With Record Low Rent Ratio!

$895,000Sold

Your opportunity to maintain and grow the existing footprint developed by current operators. For savvy buyers looking for the ultimate lifestyle business in the centre of the Mid North Coast this is your ticket.

Key Features

  • A beautifully appointed 3.5 AAA star rated 23 rooms.
  • Port Macquarie’s top rated motel property (#4 overall on Trip Advisor in PMQ).
  • Rare Bed and Breakfast coastal leasehold opportunity.
  • Record rent to net profit ratio an industry low of 33%.
  • Unrivalled repeat guest booking for ALL of Port Macquarie’s major sporting and lifestyle events.
  • Setup for continued ease of operation with nothing to spend.
  • Minutes’ walk from Port Macquarie’s premier patrolled beach, licensed club, cafés and restaurants.
  • Occupancy growth opportunity for incoming purchasers.
  • Projected net profit 2015/16 = Circa $245,852

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH004077
Property Type: Motel
Region: NSW - North Coast
Suburb: Port Macquarie
Sale Type: Leasehold
Net Profit: $234,145
Price: $895,000

Location

Listing Agent(s)

Agent Feedback

When James Carrick listed our property he had not long been with Resort Brokers. We found him to be thorough in his listing, professional in attitude, diligent in providing us with regular updates and his negotiating skills came to the fore when closing the deal. James’ manner was always pleasant and his honest refreshing. We were very happy with the final outcome and would have no hesitation recommending James to anybody that would like to offer their property for lease or sale.

- Klaas Pruys & Christina Pike
Vendor,
East Port Motor Inn

The process of buying a motel is one that can often take a substantial amount of time, effort and negotiation. I would like to thank James for all his assistance in finding me a very suitable property and also for his guidance and patience in that process. I look forward to working with him again and I would highly recommend James to anyone that is looking to buy or sell their motel.

- Mark Wallace
Purchaser,
Caravilla Motel

We found James to be straight to the point and delivered on everything he said. James was prompt in regards to getting back to us on matters of importance and quickly achieved the price at which he appraised our property. In summary we found James very comfortable to work with to achieve our common goal, a sale.

- The Hanlon's & The O'Donnell's
Vendors,
Rockpool Motor Inn South West Rocks