SOLD
Sold on 13 Sep 2024 for $2,100,000

38 Woodburn Street
Evans Head NSW 2473

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1480m2
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Property Details for 38 Woodburn St, Evans Head

Building Type
Commercial
Land Size
1480m2
Local Government
Richmond Valley
Lot/Plan
C/DP412620

Last Listing description (October 2024)

Discover the gem of Evans Head and unlock the potential of Pacific Motor Inn! This extraordinary property presents a rare chance to own the only motel in town. Take advantage of this freehold going concern, boasting 16 inviting rooms, a three-bedroom residence, and a host of exceptional features:

- 16 Spacious Rooms: Designed with comfort in mind, offering a delightful retreat for every guest.
- Three-Bedroom Residence: Alongside the guest rooms, Pacific Motor Inn includes a renovated three-bedroom residence. Utilize it as your private living space or expand your accommodation offerings for larger groups.

- Perfect Location: Nestled between a picturesque national park and pristine beaches, Pacific Motor Inn enjoys an enviable location. Guests can explore the breathtaking natural beauty of the area and enjoy the convenience of a short stroll to the town centre.
- Endless Potential: This property is brimming with untapped potential, awaiting your creative touch. Renovate, expand, or enhance the existing facilities to elevate the guest experience and maximize your investment. Let your imagination soar!
- Salt Water Pool: The refreshing saltwater pool provides a tranquil oasis for your guests.
- BBQ Area: Catering to families, offering a poolide BBQ area.
- Unmatched Location: Evans Head is renowned for its exceptional fishing spots and world-class surf breaks. Guests will revel in the opportunity to indulge in these exciting outdoor activities just moments away from Pacific Motor Inn.
- Easy Access: Located only 35 minutes from Ballina Airport, providing convenient accessibility for guests arriving by air.
- Efficient Operations: With a team of four dedicated cleaners in place, you can rest assured that the day-to-day operations of Pacific Motor Inn run smoothly. Additionally, all fire, test/tag, and pool compliance requirements are up to date, ensuring guest safety.
- Financial Figures Available: Transparent financial figures are available for your review, providing you with valuable insights into the success and potential of Pacific Motor Inn.
- Recent Renovations: Enjoy the benefits of recent renovations, including upgrades to the manager's residence, a new pool fence, and some brand-new appliances in the rooms. Your guests will appreciate the modern comforts and stylish touches.
Embrace this golden opportunity to own the prestigious Pacific Motor Inn in Evans Head. With its unbeatable location, exceptional facilities, and immense potential, this is an investment that will exceed your expectations. Contact us today for further details and to arrange a viewing. Seize your chance to become a hospitality leader in this vibrant coastal community!
For more information and to arrange a private showing, please contact Brian O'Farrell. Don't delay-this is your moment to shine!

DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

Property History for 38 Woodburn St, Evans Head, NSW 2473

A timeline of how this property has performed in the market
Last Sold
$2,100,000
13 Sep 2024
  • 13 Sep 2024
    Sold for $2,100,000
  • 27 Mar 2024
    Listed for Sale $3,350,000
  • 01 Oct 2021
    Listed for Sale $3,850,000
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About Evans Head 2473

The size of Evans Head is approximately 21.8 square kilometres. It has 8 parks covering nearly 31% of total area. The population of Evans Head in 2011 was 2,729 people. By 2016 the population was 2,836 showing a population growth of 3.9% in the area during that time. The predominant age group in Evans Head is 60-69 years. Households in Evans Head are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Evans Head work in a professional occupation. In 2011, 53.4% of the homes in Evans Head were owner-occupied compared with 56% in 2016.

Evans Head has 2,414 properties. Over the last 5 years, Houses in Evans Head have seen a 82.17% increase in median value, while Units have seen a 52.58% increase. As at 30 November 2024:

  • The median value for Houses in Evans Head is $1,054,247 while the median value for Units is $662,607.
  • Houses have a median rent of $600 while Units have a median rent of $450.
There are currently 19 properties listed for sale, and 4 properties listed for rent in Evans head on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Evans head.

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Disclaimer
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.