ResortBrokers is excited to exclusively present to market an exceptional opportunity to take a commanding position in the accommodation market in the ever-popular NSW Northern Rivers region.
For the first time in 26 years the opportunity to own the freehold Kyogle Motel is here. This rare opportunity has the best of both worlds, the security and large landholding of the freehold motel combined with the strong return on investment yields of the leasehold Kyogle Country Inn. They are both available and being presented to astute investors in one line.
The current owners have done all the hard work and are ready to retire. There is significant scope to expand the operations and returns on both businesses and the incoming owners could also have the opportunity to run these operations under management. These motels hold a virtual monopoly on the available accommodations in town. Set on the main road in from Lismore and Casino, they get excellent exposure. With in striking distance to the Gold Coast, Brisbane and the Byron-Ballina coast, this picturesque town is already experiencing significant growth.
This opportunity is unlikely to be available again any time soon.
- The two best motels in town
- Solid construction ready for newowners finishing touches
- Country Inn is a new modern build
- Rural setting but on main thoroughfare getting great exposure
- Inspection by appointment only
