Terrigal NSW 2260
$4,500,000.00

DESCRIPTION

Phone enquiries - please quote property ID 33865.

Own a 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.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.