Price Reduced

New 30yr Lease - Lismore’s Most Profitable Motel

The freehold passive investment of Lismore’s most popular motel offering all ground level guest rooms and suites in a tropical setting. This is an easily run business with revolutionary leading edge ‘fool-proof’ systems in place for operation by a couple or under management.

  • No.1 Motel in Lismore on Trip Advisor and Google with 70% occupancy year-in-year-out
  • Presently operated under experienced managers who will stay on, if required
  • Excellent business incl. fantastic industry support driven by proven back-up systems & facilities
  • Perfect quite location on fringe CBD – excellent presentation, totally refurbished 2012/13
  • 21 Rooms incl. Queen studio; Superior; Family; Spa and 2 bed Suites
  • 3.5 star AAA with absolutely nothing to spend
  • Salt water pool, BBQ, free WI Fi, Austar, free guest laundry plus bus / trailer parking
  • 2 bed managers unit overlooking tropical gardens
Listing Ref LH002793
Property Type Motel
Sale Type Leasehold
State NSW
Region North Coast
Suburb LISMORE
Net Profit $235,862
Price $795,000 ONO
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