MOTEL MONOPOLY!

Does the thought of owning the only motel in town appeal? Well we can now offer exclusively for sale this 9 room motel in a seaside town on the mid north coast just seven minutes off the Pacific Highway , 15 minutes north of Taree and 45 minutes south of Port Macquarie. After years of enjoying the lifestyle this fabulous motel has to offer, the owners have decided that the time has come for them to retire. To enable the next owners an easy transition they are offering the motel for sale at below value.

The town currently has a permanent population of about 1500, but with subdivisions under construction, that number is ever increasing. Development of a golf course estate and major shopping complex completed recently. This town is projected to become one of the fastest growing towns over the next couple of years.

The motel has a 3 ½ star rating, is double storey, right opposite the river, and boasts a two bedroom residence with double garage. There are two large self contained family rooms upstairs and all laundering is done on site. The town is best known for fishing & surfing, and the recently renovated pub, club and restaurant are only a few minutes away by car.

The motel is currently showing a healthy turnover and an equally healthy nett profit, which makes the asking price of $1.10M for the freehold with development potential a real bargain and priced under recent valuation.

For a motivated owner there is also capacity to expand the motel by adding another 5 rooms to the complex