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Lismore, New South Wales 2480

Lismore, New South Wales 2480

Lismore, New South Wales 2480

Lismore, New South Wales 2480

Lismore, New South Wales 2480

Lismore, New South Wales 2480

Lismore, New South Wales 2480

Lismore, New South Wales 2480

Busy Leasehold Motel in City Centre - Lismore, NSW

Listing ID: 1303

Lismore, New South Wales 2480

  • Type Business | Sold
  • Location LISMORE
  • Price SOLD

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Business Features

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)

LOCALITY ( get directions )

Lismore, New South Wales 2480