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Merimbula

FREEHOLD $4,000,000

853MF - RENOVATE OR DEVELOP? FREEHOLD MOTEL OR DEVELOPMENT SITE

  • 1,580 m2 prime real estate in the heart of town with lake views.
  • Currently 20 motel rooms, comfortable two bedroom residence, reception and bitumen onsite parking. 
  • Backing on to council car park adjacent to shops and retail businesses.
  • Solid growth investment opportunity.
  • FREEHOLD MOTEL OR DEVELOPMENT SITE.

520 kms south of Sydney Merimbula is a South Coast mecca that has a well-established commercial centre and established facilities, licensed clubs, specialty shops and a wide range of retails and commercial services.

Tourism is the backbone of the local economy and provides a wide range of accommodation.  Local attractions include activities on Merimbula Lake, surfing, fishing, golf bushwalking and many others.

Makes for a great inspection.

Net Profit: $195,162 for 2018/19

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

Property ID: 853MF (quote when enquiring)

Property Type Business

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Andrew Cronin

0433 091 971
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