Insolvency and restructuring expert, Bill Karageozis of McLeod and Partners has appointed leading specialist brokerage firms HTL Property and Ray White Commercial Queensland to sell Coffs Motel and Villas, located at 209 Pacific Highway, Coffs Harbour.
Key investment highlights include:
• Comprising 37 rooms and villas
• Significant land parcel of 8,535sqm*
• Current development approval for an eighty-three-room full-service hotel
• Located 552km* north of Sydney and 382km* south of Brisbane
• Coffs Harbour is one of the largest towns within NSW, population of circa 80,000*
• Local area offers over 30 beaches across a 60km stretch of coastline
• Coffs Motel & Villas is surrounded by demand drivers including the iconic Big Banana
• Opportunity to operate, renovate or develop
• Operating as a freehold going concern providing long-term and short-term accommodation
Coffs Motel and Villas is available for sale via Expression of Interest closing Wednesday 16 November 2022, 3pm (AEDT).
A full complement of due diligence information is available upon request.
Remember to mention you found this property on DevelopmentReady
