HUGE DEVELOPMENT SITE WITH BAY VIEWS - ID 495MF

FREEHOLD $5M NEG

2.00 ac
  • Possible development site with massive 14,388 m2 or 2 acres of land.
  • Spectacular views over Twofold Bay.
  • 29 motel rooms with a variety of sizes.
  • High position with panoramic views overlooking the Bay.
  • Expansive lawns, pool and barbeque area.
  • Plenty of upside as occupancy has been down while under management.
  • Turnover of $450K last financial year.
  • Prominent location - first motel in town travelling from Melbourne.
  • FREEHOLD MOTEL / DEVELOPMENT POTENTIAL

Call now to arrange inspection.

Net Profit: $302,507 for 2020/21 as provided by vendor

Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 495MF (quote when enquiring)

Location: Eden is located roughly halfway between Melbourne and Sydney on the Princes Highway, and approximately three hours from Canberra. Its central location makes Eden a natural stopover for visitors travelling between these regions. The southern gateway to the NSW Sapphire Coast, the town is surrounded by the rugged beauty of untouched wilderness to the north, west and south, and to the east, golden sandy beaches and pristine water of the southern Pacific Ocean.

 

Price FREEHOLD $5M NEG
Location Eden
Property ID 495MF
Category

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