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Acquire a Premier Resort on the Sapphire Coast | Resort Brokers ID : FH008457
$3,700,000
Motel (Freehold) hospitality, PAMBULA NSW
ResortBrokers presents the Fairway Motor Inn, an award-winning 4-star resort-style motel in the Sapphire Coast. Located opposite Pambula Merimbula Golf Club and next to Wheelers Seafood Restaurant, it offers guests prime access to local attractions.
The motel, recently refurbished and eco-friendly with an 18.285KW solar system, is a turnkey operation. Set on a large 6,825sqm block, it holds potential for further development STCA. With daily flights from Sydney and Melbourne to nearby Merimbula Airport, it's a prime asset perfectly suited for tourists nationwide.
Whether you're an experienced investor looking to add a prestigious property to your portfolio or an aspiring motelier seeking a business with immense growth potential, this 4-star resort-style motel is an exceptional opportunity not to be missed.
- An esteemed 4-star resort-style accomodation with numerous accolades
- Strategically positioned opposite the Merimbula Golf Club and neighbouring Wheelers Seafood Restaurant
- An eco-conscious operation, powered by an impressive 18.285KW solar system
- Perfectly situated between the vibrant centres of Merimbula and Pambula
- Expansive 6825sqm block with potential for further development, subject to council approval
- Comprised of 20 rooms plus a 2-bedroom cottage that is currently occupied by a long-term tenant
- A coveted asset in a favourite destination for Victorian holidaymakers
- Ready-to-operate business with seamless transition
- Inspections by appointment only
Date updated: 20 Jan 2025 22:00:01
More Information
- Total Purchase Price: $3,700,000
- Net Income: $ 239,323
(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.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
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.
How long remains on the caretaking contract before it must be renewed?
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?