Maclean NSW 2463

Hotel, Motel, Pub & Leisure
1 m²
Sold

EXCELLENT LEASEHOLD MOTEL OFFERING A 35% ROI - BOOMING COASTAL REGION

We are excited to Exclusively offer for sale this excellent leasehold motel located in the picturesque NSW Northern Rivers town of Maclean. This beautifully presented motel, featuring 14 good sized rooms of various configuration. The residence is a good size free standing 3-bedroom home with the motel reception attached.

The site also has the bonus of a 5-6 RV sites and 2 amenities blocks located at the back of the motel that are currently not being utilised. With a little bit of work the new operator could get these up and running and cash in on the booming caravanning market (STCA).

This region is booming and the motel is showing strong growth with further upside with tariff increases. The rent to net profit ratio is excellent with an adjusted net profit of $242,000, offering the new owner a 35% ROI. This one ticks a lot of boxes.

Don't miss this opportunity, call now to arrange an inspection.

Property Code: 1061