Huge Leasehold Upside Opportunity in Coastal Regional Hotspot
Huge Leasehold Upside Opportunity in Coastal Regional Hotspot
Huge Leasehold Upside Opportunity in Coastal Regional Hotspot
Huge Leasehold Upside Opportunity in Coastal Regional Hotspot
Huge Leasehold Upside Opportunity in Coastal Regional Hotspot
Huge Leasehold Upside Opportunity in Coastal Regional Hotspot
Huge Leasehold Upside Opportunity in Coastal Regional Hotspot
Huge Leasehold Upside Opportunity in Coastal Regional Hotspot
Huge Leasehold Upside Opportunity in Coastal Regional Hotspot
Huge Leasehold Upside Opportunity in Coastal Regional Hotspot

Huge Leasehold Upside Opportunity in Coastal Regional Hotspot

$600,000 FIRMSold

A big opportunity next door to the iconic Big Banana! An astute owner operator has a superb chance to quickly turn this big ship around. Close to impossible to find at this price a 50 plus room leasehold business in a major tourist & corporate destination on the Mid North Coast. Every revenue stream has upside and the property has been keenly priced to create a win for a savvy opportunist to take an educated leap of faith.

Key Features

  • Genuine upside everywhere you look - the property has been there and can return!
  • A generous mix of corporate & tourist travel in huge regional centre
  • Franchisee of the worldwide Silver Needle Hotel Group
  • Resort style swimming pool and landscaped gardens
  • 52 rooms in various sizes and styles
  • Large restaurant and bar, with new hardwood deck outdoor dining
  • Convenient 4 way access to the Pacific Highway
  • 27 year leasehold and enormous potential for the owner operators

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH004635
Property Type: Motel
Region: NSW - North Coast
Suburb: Coffs Harbour
Sale Type: Leasehold
Net Profit: $212,235 Projected
Price: $600,000 FIRM

Listing Agent(s)

Agent Feedback

James was the calm among the storm on a few occasions during negotiations and settlement and has been nothing short of delightful to deal with. He is honest and prompt and very diplomatic in his dealings and I have now watched him go above and beyond on two occasions for us. Couldn’t speak highly enough of our experiences.

- Max and Mandy Smith GUNNEDAH TOURIST CARAVAN PARK

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