Seize the opportunity to own and operate a unique "motel style" waterfront management rights business in the picturesque coastal town of Yamba. With its stunning views, relaxed lifestyle, and thriving tourism market, Yamba is one of the most sought-after destinations on the New South Wales North Coast.
The business is in a prime location with an established reputation. The Moby Dick Motel has been a trusted name for visitors for decades, with a strong customer base and positive reviews. The complex consists of 25 well maintained motel units and 4 townhouses. 22 units are included in the letting pool along with three 3 bedroom townhouses. The business is well priced and showing a healthy net profit. There are no set office hours and the Resort is well-Suited for couples or individuals: The size and structure of the motel make it ideal for hands-on owners who want to create a welcoming, personal guest experience. The simple, functional two -story layout makes the motel easy to manage, with the current owners having excellent processes in place for new owners to step in seamlessly.
- Low Maintenance
- Easy to Operate
- No Set Office Hours
- Healthy Net Profit $331,284
- Stable Letting Pool
- Booming Coastal Town
- Long Agreements in place 10 year Caretaking and 25 year Letting
If you've been dreaming of a lifestyle change and a new business venture, this is an opportunity you won't want to miss!
Property Code: 197
