Perfect opportunity to purchase this beaut motel located in Kempsey. All of the capital works required on this easy to operate 19 room, 3.5 star rated property have been completed. Make sure you arrange an inspection to fully understand the size of this prize.

Key Features

  • 19 tastefully decorated 3.5 star standard solid double brick structure.

  • There is nothing for you to spend directly.

  • Ground floor corporate and leisure motel.

  • Separate large 3 to 4 bedroom home-style residence. You must view the renovated bathroom!

  • Perfectly functional commercial breakfast kitchen.

  • Ample shed and garage storage for all of your large toys.

  • Regular midterm secure income in 3 of the self-contained rooms.

 

 NB: Property inspections are by appointment only

Key Details

Listing Ref: INV005521
Property Type: Motel
Region: NSW - North Coast
Suburb: South Kempsey
Sale Type: Freehold Passive Investment
Net Profit: $80,000
Price: $850,000 FIRM ROI 9.4% approx

Location

Listing Agent(s)

Agent Feedback

Greg from Resort Brokers provided us with excellent and professional service. He responded to my queries very promptly and friendly. I would definitely recommend him to my friends who are seeking to purchase a motel/hotel.

- Winston Li
Purchaser,
Motel Kempsey

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

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