FOR SALE
$2,950,000

167 Imlay Street
Eden NSW 2551

Bedrooms: -
Bathrooms: -
Car spaces: 20
Floor area: 1503m2
Land area: 1916m2
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Freehold Motel Business for sale in Eden

• Prime location in popular South Coast town – Eden
• 14 re-furbished and well-maintained units – 12 Double and 2 Triple rooms.
• Managers Apartment – There is a substantial two-level managers resident located in the front building above the 3 retail shops and reception. Accommodation includes three bedrooms, living room, kitchen and two bathrooms. 3 car ports, l/u garage and commercial laundry and storeroom.
• Retail shops – there are 3 small retail shops fronting Imlay Street, each shop is approx. 36m2 and have rear access and communal toilets. Two shops are currently vacant, and one has a 5-year lease with 5-year option. Current rent is $7,700 per annum plus GST.
• Dual street frontage, excellent access, parking and storage.
• Perfect for a couple or first-time moteliers.
• It is hard to find a more stunning location than Eden on the NSW South Coast. Once a quiet seaside town and port, Eden has been discovered and has become a thriving tourist hot spot, boasting crystal clear ocean waters, challenging 18-hole golf course, surrounded by a nature playground. Throw all this in and add a profitable easy to run freehold business. Live in Paradise AND grow your wealth!!!
• Net Profit: $171,303. for 2022 calendar year.

Property Details for 167 Imlay St, Eden

Building Type
Commercial
Floor Size
1503m2
Land Size
1916m2

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About Eden 2551

The size of Eden is approximately 86.4 square kilometres. It has 21 parks covering nearly 85.4% of total area. The population of Eden in 2011 was 3,043 people. By 2016 the population was 3,153 showing a population growth of 3.6% in the area during that time. The predominant age group in Eden is 60-69 years. Households in Eden are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Eden work in a labourer occupation. In 2011, 60.6% of the homes in Eden were owner-occupied compared with 61.6% in 2016.

Eden has 2,327 properties. Over the last 5 years, Houses in Eden have seen a 70.29% increase in median value, while Units have seen a 53.74% increase. As at 31 July 2024:

  • The median value for Houses in Eden is $655,667 while the median value for Units is $419,925.
  • Houses have a median rent of $580 while Units have a median rent of $395.
There are currently 98 properties listed for sale, and 6 properties listed for rent in Eden on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Eden.

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Glenn Brunette
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Eden Realty
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.