Sold

Sea Change in the City - Freehold!

Looking for the chance to work for yourself with the security of a freehold asset? This is a true owner operator motel! Treat it as a sea change in the city and sell up the family house with the freedom of you and your better half being you own boss. The returns are already strong with growth in the P&L over the last 6 months and plenty of upside still available by offering food and beverage and other up selling options.
NOTE: Surrounding house blocks are for sale by negotiation by speaking with Nathan from Resort Brokers.

  • True husband and wife business of 12 rooms.
  • No restaurant or food offering giving upside potential to owner occupier
  • 1,601m2 of land with 73.2m of street frontage
  • Get stuck in and enjoy time by the pool for the rest of the day
  • Suitable for future subdivision or land bank for development in the future
  • Currently netting close to $300k with strong occupancy
  • Opportunity to purchase considerable surrounding real estate - contact agent

 

 NB: Property inspections are by appointment only

Nathan Eades

Interested? Why not give Nathan Eades a call on 0448 339 920 or