Discover the charm of Port Macquarie with this exceptional waterfront property, just a 4-hour drive from Sydney and 5.5 hours from Brisbane. As the commercial hub of the region, Port Macquarie boasts a thriving economy, a growing population, and an impressive tourism industry, attracting 10.12 million visitors in the past year alone.
Le Gorge Motel A Prime Coastal Investment
Le Gorge Motel is an outstanding investment opportunity positioned on a generous 935 sqm waterfront site. 500 meters from the heart of Port Macquarie's retail, dining, and entertainment precinct, this recently refurbished motel features 15 well-appointed rooms, a swimming pool, and modern amenities. With a strong average gross revenue of approximately $300,000 and a current occupancy rate of 23.63%, this business is currently operated part-time by a couple in semi-retirement, and offers solid returns and huge potential for growth.
Endless Development Possibilities
Currently operated part-time, Le Gorge Motel offers a unique opportunity for hands-on investors or those looking to expand operations. The property includes a two-bedroom manager's residence and a fully equipped commercial kitchen, adding convenience and potential for additional revenue streams.
Zoned R4 High-Density Residential with a 19-metre height restriction, this property provides a unique opportunity to either enhance its current operations or transform it into a boutique hotel or stylish residential apartments (STCA).
Key Investment Highlights:
- 15 refurbished motel rooms with modern finishes
- 935 sqm waterfront site with R4 High-Density Residential zoning
- 500m from Port Macquarie's vibrant retail, dining, and entertainment district
- Potential for boutique hotel repositioning or residential redevelopment (STCA)
- Thriving tourism market #1 regional destination in NSW
- $5.4 billion local economy with strong population growth
- Close proximity to pristine beaches, coastal walks, and major events
- Includes a two-bedroom manager's residence perfect for owner-operators
Le Gorge Motel is available for sale via private treaty, with full due diligence materials available upon request.
Seize this rare opportunity to invest in a high-demand location with both immediate returns and long-term growth potential. Contact us today for further details!
The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.