Phone enquiries – please quote property ID 33866.
Own this thriving accommodation business in the heart of Terrigal, New South Wales, just 90 minutes from Sydney. This freehold property includes 8 top-quality units on a 696m² block, only a short stroll from the beach. This easy-to-run business allows you to enjoy the coastal lifestyle with nearby fishing, surfing, and golf.
Property Highlights:-
– Prime location in the highly desirable Central Coast beachside suburb.
– Walking distance to Terrigal Beach, surrounded by hotels, restaurants, cafes, and shops.
– Recently renovated with modern fixtures and furnishings.
– 8 units with various layouts, featuring kitchens/kitchenettes, laundry facilities, and courtyards.
– Can be configured as a multiple 2-bedroom block of units if desired.
– 8 parking spaces and established tropical gardens.
Business Overview:-
– Operates as a motel/guest house/accommodation business.
– Steady, high-profit operation since 1999.
– Owned by current operators for 6 years.
– Ideal for owner-operators, investors, or lifestyle buyers seeking a work-life balance.
– No food and beverage services, making daily operations straightforward.
– All furnishings and fittings included in the sale (full list available).
– Occupancy rate – 89%
Opportunities:-
– Potential for new operators to expand and elevate the business.
– Attracts a mix of regular customers, tourists, holidaymakers, corporate clients, and locals.
Additional Information:-
– Easy to manage day-to-day operations, perfect for a husband-and-wife team.
– Contract cleaners available when needed.
– Strong online presence and well-recognized brand.
– Owners willing to provide a hand-over training period for a smooth transition.
This superbly located, well-established business offers a fantastic opportunity to enjoy the beautiful coastal lifestyle while running a profitable and easy-to-manage operation. Owners are retiring, creating an excellent chance for new operators to take over this successful venture.
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