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Is this the tidiest Northern Rivers Leasehold Motel? We think so. | Resort Brokers ID : LH008827
$1,300,000
Motel (Leasehold) hospitality, CASINO NSW
ResortBrokers presents to market an excellent opportunity to acquire the Squatters Homestead Motel in Casino. This ten-room motel features a renovated three-bedroom owners residence, prime main road frontage, and is the closest motel to the CBD. With a strong base of repeat clientele, low-maintenance brick and tile construction, and outstanding guest reviews, this business consistently outperforms local competitors. Multiple dining options are within walking distance, supporting high occupancy rates. Ideal for both experienced operators and first-time buyers seeking a profitable, well-established accommodation business with a proven track record.
- Recognised as the cleanest and tidiest motel in Casino
- Spacious, renovated three-bedroom owner's residence above reception
- Strong base of repeat clientele ensures reliable occupancy
- Prime main road frontage delivers excellent exposure
- Closest motel to Casino CBD, driving consistent guest demand
- Multiple dining options within walking distance for guest convenience
- Solid brick and tile construction minimises maintenance
- Oustanding guest review reinforce reputation as Casino's best motel
- Inspections are by appointment only
Date updated: 11 Sep 2025 23:00:02
More Information
- Total Purchase Price: $1,300,000
- Net Income: $ 449,443
(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?