Situated on the top of the hilltop of the CBD is the Matador Motel. Consisting of 17 generous motel suites with three configurations. The Matador is currently underpinned by repeat corporate clientele along with multiple ongoing annual sporting fixtures which are guaranteed to Coffs for years to come. 2018/19 has very favourable forward bookings.

Key Features

  • The Vendor wants an offer
  • Neat as a pin - everything in its place!
  • Very strong forward bookings
  • Huge regional coastal corporate hotspot
  • 17 well configured generous motel spaces
  • Progressive income trend
  • Centrally located at the top of the town
  • A business underpinned by repeat corporates and numerous annual sporting events

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH005381
Property Type: Motel
Region: NSW - North Coast
Suburb: Coffs Harbour
Sale Type: Leasehold
Net Profit: $93,150
Price: $410,000

Listing Agent(s)

Agent Feedback

Greg has gone above and beyond in his efforts to sell our motel. We gave him a challenge selling our property as our city had flooded in the recent past and this caused buyers some concern. Greg had faith in our product and how we had run the business and was able to pass that confidence on to the purchasers. He knew our property thoroughly and could explain the improvements and progress that we had made over the last 2 years. We believe that Greg worked tirelessly to find the right buyer for our property and throughout the entire purchase period, he kept us all informed of the progress. He reacted to requests for information promptly and followed through right to settlement. Really appreciate a great effort by a great agent. Thanks Greg!

- John and Helen Staffsmith
Vendor,
Lismore Wilson Motel