ResortBrokers is delighted to bring to market the leasehold interest of The Esplanade Motel, a remarkable property in burgeoning Warners Bay. This premium waterfront property offers a secure 25-year lease for a 25-key motel, featuring fully renovated rooms with stunning coastal vibes, water views and versatile room configurations.
Not only a visual delight but also a financial powerhouse, achieving significant year-on-year growth in Revenue, Revpar and Revpor, culminating in a net profit of over $508k, reflecting its financial strength.
The motel also features a stunning three-bedroom owner/manager residence, which is currently rented out, adding an additional income stream for the incoming operator along with subleases in place for a restaurant and cafe operator, ensuring a steady flow of income.
This premier Motel requires no additional spending making it ideal for a working couple, first-timers to the industry or for experienced operators seeking to expand their portfolio.
Act swiftly to secure this exceptional turnkey business showing year on year growth in a premier location!
Interested? Why not give Jacqueline Featherby a call on 0424 497 056 or jacqueline@resortbrokers.com.au
