Sold

OUTSTANDING NSW NORTH COAST LEASEHOLD MOTEL

Premier Business Sale are excited to have been appointed Exclusive Agents to market this outstanding leasehold motel, located in the NSW Northern Rivers town of Grafton. If you looking for a quality property, great location, excellent return and long lease, this business offers it all.

The motel comprises 22 motel rooms and a beautifully presented large Federation House that can be let in full or as two apartments. Of the 22 motel rooms 18 have been refurbished to a very high standard. The business is very easy to run with no restaurant just bed and breakfast only.

Very consistent performer with excellent net profit generated by the room upgrades and a strong corporate clientele. Offering an excellent rent to net profit ratio and 30 years on the lease.

Operate this business yourself or run it under management for a great return, this motel is a must to inspect.

Location

The motel is in the thriving NSW North Coast town of Grafton and well located on the edge of the CBD. A little over 3 hours from Brisbane and 6 ½ from Sydney, Grafton is a regular stopping point for Business travellers and those holidaying along the NSW and QLD coasts.

Home to many annual sporting events and the famous springtime Jacaranda festival, Grafton attracts many visitors wanting to explore all the beautiful region has to offer.

Don't miss this opportunity to secure an outstanding business, call now for more information or to book an inspection.

Suburb Grafton
Price SOLD
Property Type Business
Property ID 1205
Category Accommodation/Tourism

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Scott Saunders

0432 144 822
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What our clients say

Scott presented us with a great business opportunity, and guided us every step through the process. Scott's invaluable assistance made the transition of the business a smooth and successful process. We...

Crystal Yuan

Thank you Scott so much for your incredible work and for your support through the Meridian Project from the beginning to the end. We are so appreciative of your work and for going way over and beyond helping...

Maggie & Mike Best

With almost two decades working in Management Rights we have bought and sold several Management Rights through Jim Beard. We met Jim in 2013 and immediately were struck by his fresh, honest and professional...

Neil & Chrissy Simpson

Over the past 10 years we have bought and sold several businesses and David Rotheram has been our "go to" broker through it all.  He has consistently provided us with sound business advice and opportunities;...

Victor Crump and Dr Amanda Murfett

We first met David back in 2001 when he sold our Management Rights at Ormiston.  We had approached other Brokers, who weren't really interested as the complex was tricky to market.  Needless...

Chris and Julie Mitchelson

David recently sold our large holiday resort on the Gold Coast.  David already had purchasers in mind when he listed our property, it then went to contract within the first 2 weeks with 2 back up...

Ray & Louise Thom Pete & Kath Logan