North Coast Motel & Development site, Laurieton - FOR SALE


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Property Id : 40526
Rooms: 12

Motel For Sale – North Coast Motel & Development site

HTL Property is pleased to offer for sale the freehold going concern of the Mariner Motel and the adjacent residential site.

A strong performing motel nicely positioned within the vibrant Camden Haven area of the Port Macquarie Hastings catchment, on the highly desirable NSW North Coast. Mariner Motel & site offers various future options to the incoming purchaser.

Key Investment Highlights
  • Entry level freehold motel + adjacent, surplus residential site
  • Consistent 85%+ occupancy underpinned by local events and limited competition
  • Currently operated by long term management couple, willing to continue tenure
  • Laurieton is located 30mins south of Port Macquarie
  • 4hrs drive to Sydney and 4.5hrs to the Queensland border
  • Significant 1,839sqm coastal landholding with flexible zoning
  • Refurbished motel with negligible short-term CAPEX
  • Adjacent site is not currently in the letting pool and offers development opportunities (STCA)
  • Diverse $5.9b economy with substantial population
  • Circa 11.79m visitors spending over $5.88b (Mar23)

The Mariner Motel provides a prime chance to capitalise on the booming tourism market and future operational and/or development opportunities. The landholding and desirable location will underpin mid and long-term value.

The freehold Going Concern in The Mariner Motel and the adjacent residential site are for sale via Private Treaty.

For more information about this opportunity and to arrange an inspection, please contact the exclusive selling agent, James Carrick from HTL Property.

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James Carrick