Sold
Motel · Wyong · FH007837
Incredible opportunity to secure a huge piece of Central Coast high-demand accommodation. Included in this sale is a prime 1.48ha of land which includes the passive investment of the Central Coast Motel with a $147k per annum rent and 20 years remaining on the lease.
Passive Motel Asset & FH mobile village on the premium high demand Central Coast
Incredible opportunity to secure a huge piece of Central Coast high-demand accommodation. Included in this sale is a prime 1.48ha of land which includes the passive investment of the Central Coast Motel with a $147k per annum rent and 20 years remaining on the lease. There is also the freehold opportunity of the permanent park sitting behind the motel which consists of 64 sites. At the front of the land parcel is a 2 bedroom, 1 bathroom, 1 car space house, perfect to rent out or for your manager to live in. With huge demand on the Central Coast, major works happening out the front of the motel, close to the hospital and minimal competition in the area this opportunity will be highly sought after.
- Net profit
- $355K
- Asking Expressions of Interest
- Status
- Sold
The business at a glance.
- Passive investment, freehold caravan park and private residence in one line
- Longstanding family owned motel and park business
- Mobile Village approved for 64 permanent sites
- 18-room airconditioned motel
- Onsite guest laundry and inground pool
- Prime coastal location less then 1.5hrs from Sydney
- Inspections by appointment only
The asset, the manager unit, the location.
Wyong, NSW
Wyong, NSW
Talk to the broker.
Ask about similar properties
Jacqueline Featherby
Specialist Accommodation Broker, Central Coast NSW, Hunter & Blue Mountains
0424 497 056
02 9904 8224
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