Port Macquarie NSW 2444

CRE Brokers are proud to exclusively present this rare opportunity to purchase a motel Freehold Passive Investment Development Opportunity in the highly sought-after Port Macquarie location on the Mid North Coast of NSW.

John Oxley Motel is a great performing Motel that will continue to flourish with the continued growth in the Hastings Mid North Coast region thanks largely to the range of customer profiles visiting the area.

This Motel is an outstanding investment with an opportunity to further develop the Motel or as a prime development site. It will reward a savvy landlord/developer for many years to come.

. 1101 m2
. Located Close to Port City Centre
. 22 Years remaining on the current Lease
. Brick construction with renovated roof and guttering
. Great quality Lessee of 9 years
. Well-appointed rooms with the majority recently renovated
. Annual 4% rental increases and market rent reviews