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8 Merimbula Dr
Merimbula NSW 2548
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Sold on 31 Jan 2024

8 Merimbula Dr Merimbula NSW 2548

  • Hotel, Motel, Pub & Leisure
  • 1,600 m²
  • Sold

Sold by Las Widanage | Australian National Real Estate

  • Net Profit: $367,967 (GST excl) 2022/23
  • Total Rooms: 20 units + Manager’s 2-bed
  • Excellent Location

SOLD BY LAS WIDANAGE | AUSTRALIAN NATIONAL REAL ESTATE

Australian National Real Estate is pleased to offer this outstanding investment opportunity prominently located in the heart of Merimbula - the Centre of tourism within the Bega Valley.

Opportunity to own your own business by the coast

An incredibly rare opportunity is waiting for an investor or owner-operator to take this property to the next level (STCA) or Run the well-established Motel.

The property was offered for sale after 20 years of successful operations.

- Building height up to 13 meters

- Massive 1,580 sqm of Land with water views.

- Holding income with an established motel while you plan your development.

- Opportunity to renovate into a 4-star motel.

- a short drive to the airport and a short walk to all the popular tourist town has to offer.

- One of the most popular holiday destinations on the South Coast

- Minutes from Merimbula airport with regular flights to major cities

Motel Business:

- The owners operating the business since 2001.

- Opportunity to own your own business by the coast

- Motel Owner's 2 Bedroom residence

- Simple operation with no restaurant and 20 well-presented rooms

- 30 - 35 years Brand new lease

- 20 Rooms to meet all budget types (Queen, Twin, Budget, Family)

- Fantastic guess reviews

- Clients repeat clientele and significant forward booking

Close to restaurants and Cafes, all Shops, Beaches, Clubs, Supermarkets,

To arrange an inspection please contact Las Widanage 0429 115 115.

Australian National Real Estate may refuse to provide further information about the property should you prefer not to disclose your Full Contact Details including Phone Number.

Property Code: 4118

Property Highlights

Date Sold31 Jan 2024
Floor Area1,600 m²
Land Area1,580 m²
ParkingAsk Agent
Property ID2017892346
Category
Last updated  22 Feb 2024
Map for 8 Merimbula Dr Merimbula NSW 2548

Nearest transport* to 8 Merimbula Dr Merimbula NSW 2548

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Property Highlights

Date Sold31 Jan 2024
Floor Area1,600 m²
Land Area1,580 m²
ParkingAsk Agent
Property ID2017892346
Category
Last updated  22 Feb 2024

Co-Agents

Las Widanage
Las Widanage
Australian National Real Estate
Call
0429 115 115
Alexandra Visic
Alexandra Visic
Australian National Real Estate
Call
0403 918 507

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