The coastal lifestyle comes with this Motel leasehold for sale.
There are colonial buildings, classic pubs, delightful cafes and restaurants, boutique shops and an artisan bakery. It is also vital to understand the potential forward growth of Pambula and surrounding towns.
This region around Pambula has been selected by Tourism Australia that will be promoted to international visitors. Merimbula has been selected as the location for the fifth NSW coastal artificial reef. A short 9 minute drive to Pambula. These artificial reefs are a win for fisherman and a win for businesses in the region, boosting local economies and fishing tourism right along the NSW coastline. On the South Coast alone, the recreational fishing sector helps generate about 1800 full-time jobs and about $395 million in economic output each year. Eden is approx. 23 kilometers from Pambula. The Port of Eden is in the process of transformation with two major construction projects under way. They are the Eden breakwater Wharf extension project and the Safe Harbour project. Eden is becoming a popular destination with an increasing number of cruise ship stop overs. The Breakwater Wharf extension project will allow cruise ships up to - 325 METRES, to berth at the wharf once completed. Total funding for the project is 44 million. Project completion is scheduled for June 2018. Google - The Eden Port Development Project, to see more on this exciting venture.
This alone will be a huge boast to Pambula and the traffic flow of tourists along the whole South Coast region.
This Motel is located in a prime position with exceptional highway exposure and is one of the more popular hotspots of the NSW coastline. Located very close to a busy events centre that caters for many weddings and functions, and the position of the Motel is a favourite for overnight guests.
Close to the famous Pambula Beach and the Pambula Merimbula Golf Course, as well as picturesque national parks, beautiful ocean and lake beaches, and heaps of entertaining activities for visitors to see and do.
The rooms are extremely well presented, clean and flexible enough to suit all customers. There are 16 motel rooms and also a large 3 bedroom managers residence. Also available for guests is an indoor, solar heated swimming pool.
This will become your home and business in a great part of the world. With the growth potential of the new wharf and some smart online/social media marketing would combine for some further growth of this going concern Motel.
Asking price is $320,000. Vendors are keen to do a fair deal to serious buyers.
Please call the agent to discuss further growth ideas of this Motel.
Please quote MSA-5003 and contact Michael Keltie NOW, or submit an enquiry.
Phone enquiries - please quote property ID 18168