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Address available on request Kempsey, NSW 2440

Address available on request,
Kempsey, NSW 2440

Hotel, Motel & Leisure

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MOTEL & CARAVAN PARK ON NSW NORTH COAST FOR SALE, GREAT PRESENTATION! 16% RETURN

We are proud to have been appointed to market the Park Drive Motel and Caravan Park for sale.

The Motel consists of 23 fully renovated 3 1/2 star rooms and also a Caravan Park comprising 36 powered sites.

This business has a Riverside location and is at the entry to the Town.
It presents in outstanding condition as the current owners have worked tirelessly to improve the property and bring it to the travelling public in it's present condition.
There is a 3 bedroom Manager's residence and also another 2 bedroom that can be used for assistant Managers, or let out as the current owners do.

The business offers new owners a very solid base to continue the growth that it has already experienced.

Offering a return in excess of 13.5%, this business will suit all buyers.

Kempsey, 2440 demographic data

The median household income for Kempsey is $881, 39% lower than Regional New South Wales's household income of $1,434. Kempsey has a similar age profile compared to the rest of Regional New South Wales (median age 43). Property ownership data shows 33% of property owners in Kempsey have a mortgage.

483
Population
$881 per week
Median household income
43 years
Median age
Renters
Most residents
Families
Most households
07 5628 70...
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Address available on request
Kempsey, NSW 2440

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