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Motel business for sale in Wollongbar

  • Motel
  • 1 Smiths Lane Wollongbar NSW 2477
  • SOLD - $1,500,000

Interest is Increasing rapidly for this North Coast Freehold Lifestyle Motel. For Sale. Rare gem business lifestyle on offer to the astute purchaser. Freehold Going Concern asset showing 11.1% ROI approximately.

Arabella Garden Inn is a striking 4-star getaway on the Wollongbar Plateau.
The property offers stylish, on trend accommodation. There are 11 very spacious rooms with spas, with the options of King, Queen and Family sized rooms, as well as dedicated accommodation with disability access and amenities. Air-conditioning, polished timber floors and private decks are featured in each room.
Relax in tropical and tranquil surrounds. Enjoy a dip in the sun drenched salt-water swimming pool.
The superb function room is light drenched, and is a great venue option for professional mini conferences, parties, and family celebrations.
In addition, there is a very comfortable, large and well-equipped managers residence which complements the motel and provides 3 bedrooms, Master bedroom with Ensuite, large living area and a well-appointed kitchen.
There is a guest laundry facility, 12kW solar power, open entrance and separate egress driveway.
There is also existing DA approval for expansion of 4 additional rooms.
Arabella Garden Inn is conveniently located near the popular refurbished, family friendly Wollongbar Tavern, with cafe and takeaway food services, and grocery facilities all within a few minutes stroll.
Situated on the beautiful Wollongbar Plateau and just 13.5km from Ballina airport, this Quality asset is in a highly sought after tourist destination, effectively located for tourists and travellers visiting the many highlights the stunning Northern Rivers and well visited Far North Coast of NSW has to offer.
Showing an approximate 11.1% ROI

Nearest Government Schools
Wollongbar Public School
Alstonville High School
Alstonville Public School
Rous Public School
Eltham Public School
Tregeagle Public School

Nearest Private Schools
St Joseph's Primary School
Aspect Macarthur School, Northern Rivers
Blue Hills College
Summerland Christian College
Vistara Primary School
St John's College
Trinity Catholic College Lismore

Business Highlights

Business ID2016441975
Floor AreaAsk Business Broker
Category
Last updated  18 Feb 2021
Map for 1 Smiths Lane Wollongbar NSW 2477
Map for 1 Smiths Lane Wollongbar NSW 24771 Smiths Lane Wollongbar NSW 2477

Business Highlights

Business ID2016441975
Floor AreaAsk Business Broker
Category
Last updated  18 Feb 2021
Independent Hospitality Brokers
28 Englishes Road Upper Coopers Creek NSW 2482

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