Tourism Property is proud to exclusively offer the leasehold interest in Marriott Park Motel in Nowra – the gateway to the NSW Shoalhaven Coast.
Are you ready to work for yourself in a no-fuss motel operation with solid income? Read on.
Marriott Park Motel is a top quality motel with renovated rooms AND ensuites. If you’ve looked at leasehold motels before, you’ll know that bathroom renovations will really hurt your bottom line and dated bathrooms make it very hard to achieve strong room rates. No such problem here.
This is a great CBD location and the motel is highly visible on the Princes Highway with easy access for vehicles in and out heading north and south.
It’s a simple business to operate for a couple, with a great team of casual housekeepers.
Breakfast to rooms is offered and there’s no restaurant to worry about – it’s a short walk to various restaurants and clubs.
Nowra is well known as a strong motel town with a great mix of corporate, government and leisure travel. Marriott Park has continued to trade well in 2020 despite the many challenges.
Have you dreamed of escaping the city, but still need some income to make it happen? This could be the ultimate work from home business – no commuting and time during the day to play golf, or take the boat out on the stunning Shoalhaven River.
Are you new to motels? Have a read of our buyers guide.
The motel has an average close to $500,000 in annual income (past 3 years) and a healthy profit after rent. There’s no capital to be spent and operating costs are minimal, this is well worth a look.
Features
- 16 quality motel rooms – all renovated, including ensuites
- Solid income averaging near $500,000 for the past 3 years
- Highly visible CBD and highway location with easy access north and south
- 25 years remaining on lease
- Spacious 2 bedroom managers residence adjoining Reception
Property Details
The 16 motel rooms present extremely well. The brick and tile roof building is well maintained. There’s a concrete carpark and a nice little BBQ area. This is a beautifully kept property with great quality rooms and lovely gardens and grounds.
Booking.com says . . . Fabulous – 8.9 out of 10.
Trip Advisor? 135 / 152 reviews were Very Good or Excellent
A detailed information memorandum has been prepared for Marriott Park Motel and will be provided to qualified purchasers. Click below to download if you’ve already registered as a buyer with Tourism Property.
Marriott Park Motel is well worth a look for first time or experienced moteliers. Please call exclusive agents Tourism Property to discuss your next move.
This is how WORKING FROM HOME is supposed to be done.
Priced to sell at $740,000
Inspections are ONLY available when accompanied by the agent and require a minimum of 48 hours notice – please call to discuss your interest and purchasing credentials.
More Information
If you are a registered buyer with Tourism Property, you can use your password to download the detailed Information Memorandum
To register as a buyer, click here.
You will need to return the confidentiality agreement in order to receive further information on this property.
Listing Agent
Graeme Sutherland, MBA (Exec)
Business Property Broker
Mobile: 0402 030 371
