ResortBrokers presents an exceptional business opportunity with the Island Palms Motor Inn in Forster. This expansive 6,240sqm property features 32 well-maintained motel rooms and two residences.
Positioned on a main road, it offers significant exposure and accessibility. With a current occupancy rate of 63 percent and a strong repeat clientele, the property is under-trading, presenting substantial revenue growth potential.
Facilities include a commercial kitchen, restaurant, and swimming pool. Recently refurbished, this property is poised for success, supported by local developments and a thriving tourism sector.
First time on the market in over 21 years.
- Prime 6,240sqm landholding
- 32 spacious, well-maintained motel rooms
- Includes two residences; a four-bedroom and a two-bedroom
- Situated on a main road in a bustling coastal tourism area
- Significant revenue growth potential
- Rare large-scale property ownership opportunity
- First time on the market in over 21 years
- Local developments promise ongoing growth
- Inspections by appointment