We are pleased to present to the market the Iluka motel, a highly rated freehold motel. This is the only motel in town with NO competition!

Key Features

  • Opportunity to build an additional 5 to 10 motel rooms
  • Dual highway near completion which will bring further growth to the area
  • Option to purchase more land on adjoining property for a further business opportunity ($400,000 vacant corner lot)
  • 3.5 star AAA rated
  • Consistent year on year growth with huge upside
  • Exceptionally large/modern, and recently refurbished rooms
  • Beach lifestyle secured by consistent strong net profit

 

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: FH005252
Property Type: Motel
Region: NSW - North Coast
Suburb: Iluka
Sale Type: Freehold Going Concern
Net Profit: $183,475
Price: $1,620,000

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

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