Freehold Motel with huge upside potential | Resort Brokers ID : FH007845
$2,400,000
Motel (Freehold) hospitality, Sussex Inlet NSW
With its labyrinth of crystal-clear waterways and charming town centre, Sussex Inlet is the chosen holiday destination on the NSW South Coast. This 14-bedroom motel offers an easy-to-operate motel in a postcard-worthy location. Owned and operated as a lifestyle business for over 20 years, the upside potential of this property is within easy reach.
The property is spread across 3,394 square meters of land, offering exciting development possibilities (STCA). Alternatively, this well-maintained motel could be renovated into a retro-themed destination. The block in front of the motel is subject to build restrictions, ensuring Ranch Motels unobstructed waterfront views are preserved. The ample land space provides room for creativity and flexibility for the savvy investor.
- Secure investment with low flood risk as the property is a current evacuation point
- Large block of land with development opportunities (STCA)
- Onlinebooking systems and pricing strategies will reach upside potential
- Spacious detached home suitable for family owners
- Conveniently located next door to the bowling club
- Well maintained and ready to be rebranded
- Property inspections are by appointment only
Date updated: 21 Apr 2024 23:00:04
More Information
- Total Purchase Price: $2,400,000
- Net Income: $ 0
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
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Number of units the manager is authorised to manage.
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Number of units owners are not renting out, but also do not live in.
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The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
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Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?