Only Murwillumbah Motel Never Flooded
Only Murwillumbah Motel Never Flooded
Only Murwillumbah Motel Never Flooded
Only Murwillumbah Motel Never Flooded
Only Murwillumbah Motel Never Flooded
Only Murwillumbah Motel Never Flooded
Only Murwillumbah Motel Never Flooded
Only Murwillumbah Motel Never Flooded
Only Murwillumbah Motel Never Flooded
Only Murwillumbah Motel Never Flooded

Only Murwillumbah Motel Never Flooded

$895,000Sold

Icon of Murwillumbah in one of NSW’s most desirable locations, just over the Queensland boarder. With over $400,000 spent on renovating its 31 rooms and 3 bedroom managers residence, this is a brilliant opportunity for a hands-on manager, as opposed to operating under management as at present.

Key Features

  • Only motel in town never flooded; and two previous competitors now closed due to floods!
  • 28 +year lease on a proven performer, showing massive month-on-month growth
  • 3.5 star AAA rated with 31 beautiful rooms, of varying styles and sizes
  • Opportunity to upgrade to 4 star and reap further financial rewards
  • Three bedroom very private, and fully air conditioned managers residence
  • Walking distance to retail shopping, banks, restaurants, cinema, club, pubs and much more
  • Econo Lodge branding by Choice Hotel Australia
  • Adjacent private and public schools and Taff College

    NB: Property inspections are by appointment only

Key Details

Listing Ref: LH005069
Property Type: Motel
Region: NSW - North Coast
Suburb: Murwillumbah
Sale Type: Leasehold
Net Profit: $276,694
Price: $895,000

Listing Agent(s)

Agent Feedback

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