, Lismore NSW

For Sale



    If you're keen to get into the accommodation industry this quality leasehold motel in the centre of Lismore is a great choice.
    The Lismore Wilson Motel has been operating for 20 years and is in excellent condition. Easy to operate, the current owners have run the motel for nearly 6 years and are ready to retire.

    -Located on the main road into town from Ballina - about 1km from city centre
    -Close to Southern Cross University and Lismore Base Hospital
    -Variety of room configurations to suit wide range of guests
    -Clientele includes corporate, sporting teams, hospital and university visitors and tourists
    -Services include accommodation, breakfast and evening meals
    -Shady verandahs
    -3.5-star rating and excellent reviews on TripAdvisor
    -21 years left on lease
    -Office opens from 8am to 9pm each day
    -Liquor Licence & Food Handling Licence required
    -3-bedroom, 2-bathroom owner's residence double lock-up garage
    -Training provided

    Styled to reflect the area's pretty heritage homes, the Lismore Wilson Motel offers a haven of peace and comfort in the city centre. Renovations completed in the last 2 years include new carpet, curtains and beds, interior painting, 40' TVs, new cabinetry (including vanities), lights and bathroom fittings, and split system reverse cycle air-conditioning.
    Lismore has an urban population of around 27,569 with all the services and amenities you would expect, including public and private schools, a university, hospital and sports clubs.
    Located 35km from the eastern coast, tourism is a major industry here, which makes this proven leasehold motel a sound investment.

    Price: $495,000 (with a 40 % return on investment)

    Phone enquiries - please quote property ID 19395

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