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Forster NSW 2428

Forster NSW 2428

  • Hotel, Motel, Pub & Leisure
  • 6,248 m²
  • For Sale, $9,150,000

Coastal freehold going concern 32 keys | Resort Brokers ID : FH008607

    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

    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Floor AreaAsk Agent
    Land Area6,248 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019800280
    Category
    Last updated  
    Map for Forster NSW 2428
    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Floor AreaAsk Agent
    Land Area6,248 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019800280
    Category
    Last updated  

    Listed by

    More about Forster NSW 2428

    Forster NSW 2428 is categorized as Hotel, Motel, Pub & Leisure Property. It has a land area of 6,248 m². The listing ID for this property is 2019800280.

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