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WATERFRONT LOCATION - 25 ROOM LEASEHOLD MOTEL - LONG 25 YEAR TENURE | Resort Brokers ID : LH008740
$1,900,000
Motel (Leasehold) hospitality, WARNERS BAY NSW
ResortBrokers is delighted to bring to market the leasehold interest of The Esplanade Motel, a remarkable property in burgeoning Warners Bay. This premium waterfront property offers a secure 25-year lease for a 25-key motel, featuring fully renovated rooms with stunning coastal vibes, water views and versatile room configurations.
Not only a visual delight but also a financial powerhouse, achieving significant year-on-year growth in Revenue, Revpar and Revpor, culminating in a net profit of over $508k, reflecting its financial strength.
The motel also features a stunning three-bedroom owner/manager residence, which is currently rented out, adding an additional income stream for the incoming operator along with subleases in place for a restaurant and cafe operator, ensuring a steady flow of income.
This premier Motel requires no additional spending making it ideal for a working couple, first-timers to the industry or for experienced operators seeking to expand their portfolio.
Act swiftly to secure this exceptional turnkey business showing year on year growth in a premier location!
- Secure 25-year lease for 25-key motel
- Prime waterfront location with high desirability
- Increased revenue last financial year ($1.43M) with a net profit of $508,477
- Fully renovated rooms with stunning coastal vibes and lake views
- Renovated three-bedroom owner/manager's residence
- Highly rated on TripAdvisor (4.5/5), Booking.com (8.5/10), and Expedia (8.8/10)
- Restaurant sublease includes a 3x3-year option, covering all outgoings plus 20% of land tax, rates, and water
- Cafe sublease includes 5x5x5 year options plus 15% of land tax
- Opportunity for further growth in occupancy and revenue
- Inspections are by appointment only
Date updated: 05 Jun 2025 23:00:01
More Information
- Total Purchase Price: $1,900,000
- Net Income: $ 508,447
(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?