Opportunity to own a fabulous 15 room freehold going concern in the spectacular Southern Highlands of NSW with the possibility of expansion.

Key Features

  • 15 ground level units
  • New beds and modern decor
  • Option to further develop (STCA)
  • Opportunity to expand as a wedding & reception venue
  • Consistent trading results
  • Excellent location & occupancy
  • Modern 4 bedroom residence
  • Easy transition for new owners

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: FH005372
Property Type: Motel
Region: NSW - South Coast
Suburb: Mittagong
Sale Type: Freehold Going Concern
Net Profit: $296,814
Price: $2,800,000

Listing Agent(s)

Agent Feedback

Selling our Canberra property was a big step for us after 22 years. It was a complex ‘hybrid’ sale that involved management rights plus a large number of freehold units. It also hinged on gaining the agreement of many other individual owners to sell their units. Ian Crooks and Russell Rogers of Resort Brokers Australia handled what were lengthy negotiations with diligence, persistence and discretion. Their insight and knowledge of the market were invaluable in getting the deal across the line. At the same time, their patience and attentive service helped to smooth the whole process for us. Resort Brokers' expertise delivered a successful result for everyone involved.

- Jim Stanwell
Vendor,
Canberra Capital Executive Apartment Hotel

We are writing to thank Russell Rogers from Resort Brokers for the fantastic job he did in selling our motel lease, he kept us informed during the whole process, he went out of his way to get the sale across the line.

- Kel & Jennifer Wilton TWO FOLD BAY MOTOR INN

Congratulations on this sale and thank you for all your help over the past months. It is fitting that you have made this sale as you were the only agent that actually brought a client for an inspection of the property.

- John Keogh KIANINNY RESORT