Sold

78ML - BALLINA IS BOOMING – LEASEHOLD MOTEL

SOLD

  • 17 ground floor rooms of varying configurations on 2 acres of land.
  • 4 bedroom residence with private yard and double garage.
  • Saltwater pool, barbeque, room for kids to play.
  • Undercover parking for guests and ample space for large vehicles, trucks, etc.
  • Excellent local amenities across the road means no cooking to be done for guests.
  • 25 year lease on offer for new tenant and a fair landlord.

This is an excellent introduction into the industry for a committed couple wanting a new direction. Located on the main arterial road into Ballina but with easy access to the Pacific Highway this motel has increasing figures and potential for future growth as two rooms being offline due to family situation.

Rare four bedroom house with attached office, oversized double garage and loads of storage makes it ideal for a family or couple. Set back from the road, this property is quieter than you would expect on a main road, giving you and your guests a good night’s sleep.

Ballina has seen increasing traffic from domestic travellers since COVID and this does not look likely to stop. Tap into the local accommodation scene and watch your bank balance grow.

Call Tony now to secure your private inspection.

Net Profit: $145,000 average over 2 years

Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

Property ID: 78ML (quote when enquiring)

Price SOLD
Location Ballina
Property ID 78ML
Category Motel

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