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OUTSTANDING LEASEHOLD MOTEL - NSW FAR NORTH COAST

This property is in the beautiful NSW North Coast town of Alstonville on the Bruxner Highway located between the booming coastal town of Ballina and major city of Lismore. The motel is only 5km from the Pacific Highway.

This 3 ½ star property consists of 17 ground floor units spread over 3 blocks. There is an inground swimming pool and BBQ area for guests to enjoy. There is a very large 3-bedroom stand-alone residence spread over 2 levels with direct access to the reception area.

The motel enjoys consistent trade from regular guests who are looking for good quality rooms in a peaceful setting. The quality of the motel is reflected by a fantastic rating of 8.9 on Booking.com.

This is a very easy motel to run with the current husband and wife and a team of casual cleaners doing all the work. A great opportunity for new owners to come in and continue to grow the business. There are an attractive 25 years remaining on the lease and an excellent rent to net profit ratio.

  • 2 year Average Net Profit $285k
  • 25 years remain on Lease
  • Excellent Rent to Net Profit ratio
  • Located in the booming Byron / Ballina Region
  • Large 3 bedroom freestanding residence 

Call to arrange inspections.

Inspections by appointment only.

Suburb Alstonville
Price SOLD
Property Type Business
Property ID 123
Category Accommodation/Tourism

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Scott Saunders

0432 144 822
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Scott presented us with a great business opportunity, and guided us every step through the process. Scott's invaluable assistance made the transition of the business a smooth and successful process. We...

Crystal Yuan

Thank you Scott so much for your incredible work and for your support through the Meridian Project from the beginning to the end. We are so appreciative of your work and for going way over and beyond helping...

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With almost two decades working in Management Rights we have bought and sold several Management Rights through Jim Beard. We met Jim in 2013 and immediately were struck by his fresh, honest and professional...

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Over the past 10 years we have bought and sold several businesses and David Rotheram has been our "go to" broker through it all.  He has consistently provided us with sound business advice and opportunities;...

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We first met David back in 2001 when he sold our Management Rights at Ormiston.  We had approached other Brokers, who weren't really interested as the complex was tricky to market.  Needless...

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David recently sold our large holiday resort on the Gold Coast.  David already had purchasers in mind when he listed our property, it then went to contract within the first 2 weeks with 2 back up...

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