1363ML - PROFITS GROWING ON THE EDGE OF THE GOLD COAST

SOLD

1,360 m2

Tweed Heads is an extension of the Gold Coast but on the NSW side of the border. The advantage is there is no stamp duty to pay on the going concern business purchase saving you a lot compared with buying over the border in QLD.

On offer today is a motel that has seen rapid growth over the past three years due to the operator getting more savvy and taking advantage of 2020 which for many was a bad year. For this property it was a BOOM year!

What do you get for your money?

A 25 year lease in a central location
21 rooms of varying configurations
Large residence with option of 2 or 3 bedrooms
3-car garaging and plenty of storage
Onsite pool, no grounds to mow
Low rent ratio and fair landlord who has topped up the lease for sale
Walk to clubs, shops, entertainment and cafes
12 minutes walk to Coolangatta beach (2 minutes by car)

The central location, opposite the largest bowls club in Australia gives you peace of mind that business will come if you look after them. With all the positives, there could be an opportunity for a hands-on working couple to grow the business as it is currently being run under management.

Call now as motels in locations like this SELL quickly.

Net Profit: $365,729 (3 year average)

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

Property ID: 1363ML (quote when enquiring)

Location: Tweed Heads is as far north as you can get in NSW, with the town abutting the Queensland border, and turning into Coolangatta on the other side, with both known as the Twin Towns. The area is a hotbed of activity, with tourism, shopping, surfing and some of the fastest residential growth in the state. It is nestled in the caldera of an ancient shield volcano and 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.

Price	SOLD
Location	Tweed Heads
Property ID	1363ML
Category

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IMPORTANT MESSAGE TO ALL PROSPECTIVE PURCHASERS AND LESSEES

If you are a genuine Prospective Purchaser or Lessee, and you would like to obtain additional information in respect of any listing ofTourism Brokers it is a requirement that you agree to this Confidentiality Agreement below in order to request information on a property. Tourism Brokers will respect the discreet nature of your enquiry, as we do for all our clients.

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