8 Merimbula Dr, Merimbula, NSW 2548

Hotel/Leisure | Development/Land | Industrial

Sold

  • Property ID: 414865
  • Floor Area: 1600m²
  • Land Area: 1580m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 31/01/2024 1600m2 1580m2 Contact Agent
Sold by Las Widanage | Australian National Real Estate

SOLD BY LAS WIDANAGE | AUSTRALIAN NATIONAL REAL ESTATE

Australian National Real Estate is pleased to offer this outstanding investment opportunity prominently located in the heart of Merimbula - the Centre of tourism within the Bega Valley.

Opportunity to own your own business by the coast

An incredibly rare opportunity is waiting for an investor or owner-operator to take this property to the next level or run the well-established Motel.

The property was offered for sale after 20 years of successful operations.

- Building height up to 13 meters

- Massive 1,580 sqm of Land with water views.

- Holding income with an established motel while you plan your development.

- Opportunity to renovate into a 4-star motel.

- a short drive to the airport and a short walk to all the popular tourist town has to offer.

- One of the most popular holiday destinations on the South Coast

- Minutes from Merimbula airport with regular flights to major cities

Motel Business:

- The owners operating the business since 2001.

- Opportunity to own your own business by the coast

- Motel Owner's 2 Bedroom residence

- Simple operation with no restaurant and 20 well-presented rooms

- 30 - 35 years Brand new lease

- 20 Rooms to meet all budget types (Queen, Twin, Budget, Family)

- Fantastic guess reviews

- Clients repeat clientele and significant forward booking

Close to restaurants and Cafes, all Shops, Beaches, Clubs, Supermarkets,

To arrange an inspection please contact Las Widanage 0429 115 115.

Australian National Real Estate may refuse to provide further information about the property should you prefer not to disclose your Full Contact Details including Phone Number.

Property Code: 4118

Merimbula Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $2308 --- ---
Industrial --- $75 ---
This is the average advertised price, rent and yield for Merimbula, NSW 2548*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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