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Nambucca Heads NSW 2448
Sold on 14 Dec 2023

Nambucca Heads NSW 2448

  • Hotel, Motel, Pub & Leisure
  • Sold

Rare freehold going concern motel with enormous upside in Nambucca Heads | Resort Brokers ID : FH007898

    Set across six hectares along a beautiful stretch of the Nambucca River, the 29-room Nambucca Motel has been a local mainstay for the last 50 years.

    With an annual net profit of $482,498, The Nambucca Motel is a solid, secure accommodation business in one of the Mid-North Coast's most beloved beachside destinations.

    The motel is just five minutes' drive from the Nambucca Heads town centre and just 10 minutes off the Pacific Highway.

    Being located on the river, the motel has a private boat ramp and jetty for guest use, as well as a resort-size swimming pool surrounded by swaying palm trees. The motel's other amenities include
    a bar and restaurant serviced by a commercial kitchen.

    The Mid North Coast has seen steady trading for many years and this asset holds significant potential. While the property is well maintained and returns a healthy annual profit, the asset is
    poised for a refurbishment by a new owner with the vision to realise its full potential.

    - Freehold Going Concern of 29-room Nambucca Heads Motel
    - 6 Hectares (15 acres) along Nambucca River
    - 5 minutes' drive from Nambucca Heads town centre and 10 minutes from Pacific Highway
    - Annual net profit over $482,000
    - Tightly held asset, sold just three times since inception
    - First time to market in 15 years
    - Facilities include in-ground swimming pool, private boat ramp/jetty
    - Bar and restaurant serviced by commercial kitchen add revenue
    - Spacious three bedroom manager's residence detached from main motel
    - Asset offers a secure business as is, but a refurbishment will fully realise untapped potential
    - Property inspections are by appointment only

    Property Highlights

    Date Sold14 Dec 2023
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018732096
    Category
    Last updated  15 Jan 2024
    Map for Nambucca Heads NSW 2448

    Property Highlights

    Date Sold14 Dec 2023
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018732096
    Category
    Last updated  15 Jan 2024
    362 Montague Rd West End QLD 4101

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