Acquire a busy 31 room motel in CBD of large NSW Northern Rivers coastal region
GRAFTON, NSW, NSW
Description
Acquire a busy 31 room motel in CBD of large NSW Northern Rivers coastal region ResortBrokers exclusively presents a prime opportunity to acquire a prominent 31-room property, ideal to operate under management. This very clean and tidy motel in the sought-after Northern Rivers region of NSW sits on an expansive 1,665m2 block right in the CBD. Consistently high occupancy rates and revenue, it includes a spacious manager's residence. A very rare chance to secure a large freehold motel in a region known for strong tourism and economic growth. Prime asset nestled in the highly coveted Northern rivers region of NSW Esteemed as one of the top-tier motels in Grafton 31-room property suitable to run under management or sell off the lease Promising ROI yield, outperforming regional benchmarks Consistent occupancy and a loyal customer base Preferred choice for a diverse range of patrons - workers, travellers, and visitors Spacious manager's residence, ingeniously repurposed from a former restaurant space Long-standing ownership, indicating its enduring appeal Inspections by appointment only
Financials
- Asking price
- $6,300,000
- Net profit
- $829,368
- Revenue
- —
- Profit multiple
- 7.60x
- Revenue multiple
- —
Agent
Miguel Bozina
