Terrigal NSW 2260

DESCRIPTION

Phone enquiries - please quote property ID 33867.

This freehold property, situated on a 696m² block, features 8 top-quality units just a short stroll from the beach. Ideal for embracing the coastal lifestyle, the location offers easy access to fishing, surfing, and golf.

Currently operating as a successful accommodation business in the heart of Terrigal, NSW, this property allows new owners to either continue the business or choose to reside in one unit while renting out the other 7 for long or short-term stays.

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 While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.