Tweed Heads is a border-town located on the NSW side of the border to Coolangatta. It is a strong motel city and offers all the amenities suitable for a short term stay or longer holiday such as good shopping, beautiful beaches, great boating and fishing on the river, world class entertainment and a multitude of cafes, restaurants, clubs to dine and relax.
The motels main features are:
- 15 good quality renovated rooms.
- Long term lease with reasonable rent ratio.
- Fully renovated two bedroom manager's residence adjoins office.
- No groundwork just onsite pool.
- Consistently high occupancy and repeat clientele.
- Secure business model and improving profits after COVID-19 lockdowns.
Why buy a motel where you have to spend a bomb on renovations when you could buy one where all the hard work has been done? This profitable leasehold in Tweed Heads is primed for good growth after a makeover during covid. It had shown years of consistent trade prior to last year and is starting to bounce back now showing consistent occupancies around 80%.
All the hard work has been done by the current owners, so the opportunity exists for a new operator to keep connecting the dots and bank their profits. Central location, great rooms, repeat customers, good reviews, systems in place Do I need to say anything else?
Enquire now, as properties like this rarely exist.
Turnover: $462,326 Ex GST 2020-21
Net Profit: $186,636 for 2020-21
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1371ML(quote when enquiring)
Location: Tweed Heads is abutting the Queensland border, and is a hotbed of activity, with tourism, shopping, surfing and some of the fastest residential growth in the state. It offers a wealth of holiday experiences from lush World Heritage listed rainforests and rolling green farmland to unspoilt beaches and ocean adventures all easily accessed from the Gold Coast Airport.
Property Code: 3788
