Motel for Sale - Rare Opportunity in Highly Sought-After Central Coast Location

10 days ago

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Internal Ref: 1P3133

Summary

Ideally positioned within a 5 minute walk to the local RSL and approximately 10-15 minutes to town centre, shops, restaurants and cafes. Easy access to both the lake and ocean. The property has b...

About the Business

Ideally positioned within a 5 minute walk to the local RSL and approximately 10-15 minutes to town centre, shops, restaurants and cafes. Easy access to both the lake and ocean.

The property has benefited from recent renovations and some rooms are currently being renovated. All televisions and bar fridges have been replaced. The motel is continuously maintained and upgraded to ensure the rooms and facilities remain in good condition. There is still significant upside potential through further tariff optimisation and occupancy growth.

Located just 90 minutes from Sydney CBD, this asset has been owned and operated by offshore Asian investors for more than 20 years, presenting an excellent opportunity for an owner-operator or investor to unlock additional value in a tightly held market.

- 20 Rooms
- 3 - 3.5 Star standard
- Land Area 2,414m2 (Approx.)
- Swimming pool and spa
- Barbecue area
- 3 Bedroom residence located above reception. Well presented with quality timber and tiled floor throughout and granite kitchen

MQ ID 1P3133

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