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.
- Motel Business - 25 x Rooms to meet all budget types (Standard Queen, Twin Room, Queen Deluxe Room, Small 2 Bedroom Self Contained Family Unit)
- Massive 3,600 sqm of land
- The property has two street access points (Merimbula St & Reid St)
- Opportunity to renovate into a 4-star motel
- Development Zone: R3 - Medium-Density Residential
- Close to Merimbula Airport
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SALE TYPE: LEASEHOLD SALE (BUSINESS) OF MERIMBULA GARDENS MOTEL - MERIMBULA, NSW
BRAND NEW 30 YR LEASEHOLD OPPORTUNITY
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Initial Lease Term: 5 Years from Settlement
Lease Options: 6 x 5 Years (New 30-year Lease from Settlement)
Annual Rent: $75,000 (Plus GST & Outgoing)
As a Settlement with annual CPI adjustments.
Financial available: YR2021/YR2022/YR2023
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Leasehold Sale | Expression of Interest (EOI)
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- Property inspections are by appointment only, Please contact Las Widanage at 0429 115 115
- We will respond to all inquiries within 24 hours
about Merimbula
is an enchanting seaside town on the sparkling Sapphire Coast that offers rugged ocean beaches and tranquil coastal lakes. Wonderful things to do and see here include a range of water sports, whale watching, exploring an aquarium and wildlife sanctuary, and tasting the best local seafood. Population of 6.367, Merimbula is a must-see destination in New South Wales, Australia. It is among the most popular tourist destinations in the country.
It's easy to see why Merimbula is so popular. The seaside town on the NSW South Coast really does have it all. From whales passing by during the season to wildlife, clear blue waters, and national parks.
Merimbula Airport
The Airport provides essential links for passengers for tourism, employment and business.
Merimbula Airport is located 2km approx.. from the city centre, in southern New South Wales.
When flying to Merimbula from Sydney, you’ll arrive at Merimbula (MIM), which is located 2 km approx. from the city centre.
The shortest domestic flight to Merimbula departs from Sydney and takes around 1h 10m.
https://www.qantas.com/au/en/qantas-experience/at-the-airport/airport-guides/merimbula-airport-guide.html
Sapphire Coast and Merimbula
https://www.visitnsw.com/destinations/south-coast/merimbula-and-sapphire-coast/merimbula
Merimbula Lake
https://www.visitnsw.com/destinations/south-coast/merimbula-and-sapphire-coast/merimbula/attractions/merimbula-lake
Sapphire Coast beaches
https://www.sapphirecoast.com.au/beaches
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.
Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
Property Code: 4093