Resort Brokers proudly present an asset with permanent income creating the foundation to secure ongoing financial success. The best of both worlds, a renovated 3.5 AAA star rated 23 room motel, fortunately located on the entrance into town. Full renovations recently completed ensuring the upside in the motel side of the business for the new owner. Plus the security of 36 site caravan park with income primarily passive, thus creating the perfect commercial platform to grow. All set on 1 hectare of riverfront property.

Key Features

  • First motel/caravan park heading north into CBD
  • Tranquil riverside location
  • Great guest reviews
  • A hybrid business offering to cater for all seasons
  • 23 suites of 3.5 AAA rated
  • 36 dwelling and campsites with neat function amenities
  • Circa 30% of total income primarily passive
  • Fully renovated with the extensive history of maintenance and capital improvement
  • Manicured gardens and surrounds – neat as a pin
  • Strong finance supportive cap rate as listed

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: FH005422
Property Type: Motel
Region: NSW - North Coast
Suburb: Kempsey
Sale Type: Freehold Going Concern
Net Profit: $389,551
Price: $2,900,000

Listing Agent(s)

Agent Feedback

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

James was a pleasure to deal with from start to finish (12 months) during a difficult and convoluted deal involving 3 tranches and many changes to the originally agreed transition; I would have no hesitation in recommending him as a hospitality broker.

- Chris and Luisa Lloyd
Vendor ,
Mantra Quayside Apartments

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