Resort Brokers are extremely excited to offer for sale the leasehold of Maclean’s most popular motel. Showing a fantastic ROI of over 35%. This extremely well maintained and refurbished 14 room two storey motel for sale is riverside on the largest river in NSW. With incredible sunset views over the Clarence River and surrounding ranges. The private residence is a very large 3 bedroom house that is sited separately on a large parcel of land with council approval for a further income stream that will allow 8 caravan sites, makes this a no brainier for an operator to increase their revenue stream.

Key Features

  • Consistent year on year growth
  • Opportunity for further income stream
  • Experienced staff to assist with transition
  • Spacious 3 bedroom stand alone living accommodation
  • Council approval for 8 caravan sites - pads, power and amenities already in place
  • Very favourable rent to net profit ratio
  • 25 year lease term
  • Very strong forward bookings
  • Well maintained as well as refurbishments means no more to spend

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH005401
Property Type: Motel
Region: NSW - North Coast
Suburb: Maclean
Sale Type: Leasehold
Net Profit: $220,970
Price: $629,000

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