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Prime Investment: Busy motel on 1 acre near Yamba CBD | Resort Brokers ID : FH008458
$5,999,000
Motel (Freehold) hospitality, YAMBA NSW
ResortBrokers exclusively presents 'The Carmel Yamba', a busy holiday motel in the tourist hotspot of Yamba. Steps away from pristine beaches and the CBD's amenities, this asset features 15
beach-themed guest rooms with excellent potential for expansion.
Nestled on a massive 4,044m2 block, it offers exceptional development potential. With consistently strong occupancy rates and a strong digital presence, this motel, which can be run by an owner-operator or under management, represents a lucrative investment opportunity in a sought-after beachside town.
- Prime asset nestled in the thriving tourist hub of Yamba
- Strategically positioned mere steps from the crystal-clear inlet waters and stunning beaches
- Conveniently located within a short stroll to the bustling CBD's shops and restaurants
- Exceptional development potential on a huge 4,044m2 block (STCA)
- Motels in this region are some of the most sought-after in the country
- Able to be run by owner operator of under management with the ability to reside on or off-site
- Features 15 elegantly furnished guest rooms with scope to double the capacity (STCA)
- A guest favourite in one of the region's most popular beachside towns
- Property inspections are by appointment only
Date updated: 19 Jan 2025 22:00:03
More Information
- Total Purchase Price: $5,999,000
- Net Income: $ 589,620
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?