Bad Health Forces Sale of Great Little Motel
Bad Health Forces Sale of Great Little Motel
Bad Health Forces Sale of Great Little Motel
Bad Health Forces Sale of Great Little Motel
Bad Health Forces Sale of Great Little Motel
Bad Health Forces Sale of Great Little Motel
Bad Health Forces Sale of Great Little Motel
Bad Health Forces Sale of Great Little Motel
Bad Health Forces Sale of Great Little Motel

Bad Health Forces Sale of Great Little Motel

$595,000Under Contract

The Alstonville Settlers Motel is the only motel in Alstonville and is located within walking distance of the village. The current vendors have been the lessee for 9 months and serious health concerns have forced them to sell. The motel has upside in spades with no marketing plan in place, limited breakfast service and no other food or beverage on offer.

Key Features

  • One motel town with solid occupancy
  • Capitalise on the hard work the current lessee has done
  • Forced sale due to ill health
  • Great starter motel for the right operator
  • 3 bedroom apartment onsite suitable for families
  • 4.5 star booking.com reviews

 NB: Property inspections are by appointment only

Key Details

Listing Ref: LH005020
Property Type: Motel
Region: NSW - North Coast
Suburb: Alstonville
Sale Type: Leasehold
Net Profit: $200,000 Projected
Price: $595,000

Listing Agent(s)

Agent Feedback

As a first time purchaser of a leasehold motel, Nathan provided a good balance between working for the vendor and ensuring us as purchasers that we had the right information and support to see the transaction through. Negotiations are never easy and Nathan managed expectations on both sides of the transaction in a professional way that left both sides content with the price outcome. I would have no reservations in recommending or using Nathan or Resort Brokers in the future.

- Scott Campbell
Managing Director,
ISTAPR P/L

Without Ian's negotiating skills the sale of Horizons Resort would not have got across the line! I would like to take this opportunity to thank you for your assistance and would have no hesitation in recommending Ian Dore or Resort Brokers to any interested persons in the future.

- Ian Barry
Previous Owner,
HORIZONS RESORT

The recent sale of our large motel was tricky and stressful to say the least. Throughout the transaction Nathan guided both us as vendors and the buyers through the process with professionalism & composure. His friendly & outgoing manner ensured that all inspections were simple and relaxed everyone. His knowledge and ability under pressure ensured we made it to settlement day.  We would thoroughly recommend Resort Brokers and Nathan to anyone looking at selling their business.

- Melanie
Vendor,
Pegasus Motor Inn