LONG TENURE LEASEHOLD OF TOP-RATED TURNKEY MOTEL IN THE BALLINA BYRON REGION

Description

LONG TENURE LEASEHOLD OF TOP-RATED TURNKEY MOTEL IN THE BALLINA BYRON REGION This is an exceptional chance to secure a premium motel in one of Australia’s top tier holiday destinations. On offer is a long-term, 25-year lease of Ballina Homestead Motel, which enjoys some of the highest guest reviews in the town. Situated just minutes away from renowned beaches and dining and retail hubs, this meticulously maintained 27-room motel presents itself as the perfect turnkey opportunity requiring no immediate expenditure or renovations. The business has averaged a sustainable $1M+ net profit for the last two years and has scope to grow even more. An additional revenue stream is the motel’s excellent on-site cafe that enjoys excellent trade as one of the few places in the town licensed to serve authentic champagne breakfasts for Mother’s Day, bachelorette parties, race days and other functions throughout the year. This is an exceptional opportunity to capitalise on the evergreen popularity of the Ballina–Byron Bay region via an established accommodation property regarded as one of Ballina’s best. One of the best motels in the large beachside town 4 star rating, 27 rooms with next to no renovations required Onsite cafe with liquor licence 4 EV charging stations Long 25 year lease Able to run under management Average of over $1,000,000 net profit over last two years Flood safe location Property inspections are by appointment only