A massive 52% on ROI, the Lismore Wilson Motel is ideally located in the heart of Lismore. The motel’s high profile and visible location is a major drawcard making it a favourite for regular travellers, while its 21 year lease provides strong security of tenure for the owner/operator.

Key Features

  • A large very well located 3.5 star motel.
  • Large three bedroom, two bathroom managers residence.
  • Location to major city facilities incl. CBD
  • Energetic operator will grow occupancy
  • Fully refurbished - NO MONEY TO SPEND
  • Showing a massive 52% ROI & growing
  • 21 years remaining on lease

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH005166
Property Type: Motel
Region: NSW - North Coast
Suburb: Lismore
Sale Type: Leasehold
Net Profit: $256,245
Price: $495,000 (HUGE 52% ROI)

Location

Listing Agent(s)

Agent Feedback

Greg James was extremely helpful and professional throughout the whole experience. He was available to us at all times and kept us up to date with all proceedings.

- Barb & Brian Koorockin
Vendor,
Waterview

Once again a class act from Resortbrokers in selling our motel in Moree. Greg James did a fantastic job in brokering a tricky sale and bringing it successfully to a great conclusion at a fair price. While other brokers might have left us to it, Greg rolled up his sleeves and got involved to negotiate with many external parties to get the deal done. Thank you Greg, and thank you Resortbrokers!

- John Zecondorf
Vendor,
Artesian

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