Leashold with lifestyle. Merimbula, known as the jewel of the Sapphire Coast.

SOLD

Merimbula NSW 2548

Accommodation/Tourism

BUSINESS FOR SALE

Phone enquiries - please quote property ID 20174

Tourists will always visit this magnificent coastal town. This region around Merimbula has been selected by Tourism Australia and will be promoted to international visitors.

To run a successful Motel and live in a town you will love, sets the scene to be happy in life. The tourists come here to enjoy the delights of beautiful Merimbula, from gorgeous beaches and shimmering lakes to delicious fresh seafood and great restaurants and cafes. This charming seaside town located on the beautiful NSW South Coast is perfect for water sports, and there is also an aquarium and wildlife sanctuary to explore.

It is also great to know of future developments in this town and the region that will bring more business for the motel. Merimbula has been selected as the location for the fifth - NSW coastal artificial reef. These artificial reefs are a win for fisherman and a win for businesses in the region, boosting local economies and fishing tourism right along the NSW coastline. On the South Coast alone, the recreational fishing sector helps generate about 1800 full-time jobs and about $395 million in economic output each year. Eden is approx. 25 kilometers from Merimbula. The Port of Eden is in the process of transformation with two major construction projects under way. They are the Eden breakwater Wharf extension project and the Safe Harbour project. Eden is becoming a popular destination with an increasing number of cruise ship stop overs. The Breakwater Wharf extension project will allow cruise ships up to - 325 METRES, to berth at the wharf once completed. Total funding for the project is 44 million. Project completion is scheduled for June 2018. Google - The Eden Port Development Project, to see more on this exciting venture. This alone will be a huge boast to Merimbula and the traffic flow of tourists.

This motel is located in a prime position right in the middle of the town next to all the cafes and restaurants, and has great exposure to passing traffic. Many coach companies use this motel, and secure advanced bookings are in place, which provides for future security. The coach companies find this motel very suitable for their clientele and favour this motel for its great location in the town, its great facilities for their guests, and every room has a water view. The rooms are extremely spacious, clean and flexible enough to suit all customers specific needs.

There are 26 motel rooms and 4 are self-contained suites that are very popular. There is also a 2 bedroom managers residence. Also available for guests is an in-ground swimming pool and an onsite laundry.

This Motel is one of the best in Merimbula and you will be busy. This will become your home and business in a great part of the world. With the growth potential of the new artificial reef, and some smart online/social media marketing would combine for some further growth of this leasehold, going concern Motel. This motel also has a great website.

Asking price is $675,000 negotiable. Vendors are keen to do a fair deal to serious buyers.

Quote MSA 5005 and contact Michael Keltie NOW, or submit an enquiry.

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