Freehold Motor Inn and Bottle Shop with Subdivision Potential
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If you're searching for a smart business and lifestyle investment, the Lady Jane Motor Inn and Bottle Shop in Bulahdelah is just that, with plenty of potential, too.
An hour's drive from Newcastle, and 237km from Sydney, Bulahdelah sits close to Myall Lakes National Park and the Great Lakes recreational areas, offering a fabulous lifestyle. Being so close to great fishing, boating and other outdoor activities is not only great for the new owner, but also a major drawcard when it comes to attracting customers.
This investment has the added bonus of benefitting from a diverse income stream, with the Lady Jane Motor Inn being the region's busiest drive-thru bottle shop.
In addition, the 18 unit motel has been recently refurbished and upgraded, and includes a commercial kitchen, so there is great potential to reopen the restaurant for hot breakfasts and dinners.
The cherry on top, however, is that the business sits on 7550sqm of landscaped grounds, and a subdivision application has been approved by council, with an opportunity to sell or build on 4 surplus residential lots at the rear of the property.
At a glance:
- Easily managed by a couple, the property includes a 3-bedroom residence and pool
- Consistent income earner, with average turnover in excess of $1.1 million plus per annum
- Huge potential to grow business following accommodation upgrade
This exciting freehold opportunity is the perfect husband and wife business, especially for a buyer with motivation and vision.