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Affordable Northern Rivers 21 room Leasehold Motel with long lease | Resort Brokers ID : LH008757
Expressions Of Interest
Motel (Leasehold) hospitality, LISMORE NSW
ResortBrokers is delighted to bring the Lismore Fair Dinkum Motel to the market. This asset features 21 newly renovated rooms that have been remodelled from the ground up. Positioned near the region's largest hospital and university, it offers great exposure in the biggest city of the Northern Rivers region. With a long 27-year lease, a swimming pool, and off-road parking, this turnkey operation is ideal for an owner-operator or to be run under management.
The motel's central location ensures consistent guest demand, with significant potential for growth post-renovation. This is a rare opportunity to acquire an affordable motel with plenty of upside for the astute buyer.
- 21 newly renovated guest rooms
- Long 27-year lease
- Prime location in NSW Northern Rivers
- Situated in the CBD near hospital and university
- High visibility on major thoroughfare
- Largest city in the region with extensive industry
- Significant potential for trade growth
- Off-road parking for all rooms and swimming pool
- Inspections are by appointment only
Date updated: 01 Aug 2025 01:00:04
More Information
- Total Purchase Price: Expressions Of Interest
- 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
This is the approximate number of years the business' revenue would pay for the business component.
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.
How long is the caretaking contract.
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How long has the management rights existed.
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?