26-28 Frances Street

Tweed Heads NSW 2485

An opportunity to acquire a thriving business in a blue-chip location does not arise often. Currently, trading as 'Cooks Endeavour Motel' with a track record of phenomenal returns ($500k+ nett 21-22 FY under management), this completely renovated Motel in Greenbank is ready to purchase. It has been owned by experienced motel owners who have renovated and created low-maintenance accommodation that can be run by yourself, a family group or easily outsourced to an employed manager which is how it's currently being operated.

We urge developers to consider this opportunity with a large footprint of 1859 m2, height limit of 22m and double street frontage. It is extremely rare to find a development opportunity with a holding income. While the planning and DA process are in place, this is an asset that can run seamlessly without owner involvement.

Another possible option for the Motel, is a personalised fit-out to attract a diverse range of clientele. It's said that 2022 is the year of the "backyard holiday", the year we overpack our cars with surfboards, fishing rods and footballs and hit the highway in a bid to explore what our glorious country has to offer. There are a handful of boutique motels in Australia that are thriving in this current environment and our area certainly has an opening for one.