Proudly supported by all of the industry's leading brokers
Fix, Flip&Profit: Motel with Water Views in a Holiday Hotspot | Resort Brokers ID : FH007845
$2,200,000
Motel (Freehold) hospitality, Sussex Inlet NSW
With its labyrinth of crystal-clear waterways and charming town centre, Sussex Inlet is a popular holiday destination on the NSW South Coast. This 14-bedroom motel offers an easy-to-operate motel in a postcard-worthy location right next to the local bowling club. Owned and operated as a lifestyle business by the one owner for over 20 years, the upside potential of this motel is huge!
Spread across 3,394 square meters of land, this motel could be renovated into a funky retro-themed destination with waterfront views. The motel has been previously run to suit the owners lifestyle. With no booking website and not currently listed on any of the OTAs, an experienced operator could step in and increase the turnover instantly.
- Spacious detached 3 bedroom owners residence with reception and private yard
- Online booking systems and pricing strategies will reach upside potential
- Conveniently located next door to the bowling club
- Ready for operation or take to the next level with a refurbishment
- Secure investment with low flood risk as the property is a current evacuation point
- Property inspections are strictly by appointment only
Date updated: 20 Jan 2025 22:00:01
More Information
- Total Purchase Price: $2,200,000
- 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
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?