Resort Brokers ID : LH004093
Corporate 4 Star Motel with huge repeat business.
Established high profile Motel in prime CBD location.
Long Term Lease, presently operated under management.
31 rooms affords opportunities for Coach business and Sporting Clubs.
Range of 3.5 to 4 star room styles appealing to all types.
Function area, Restaurant and Bar business is waiting to be expanded.
Solid brick building with little or no on-going maintenance requirements.
Suit a couple without Motel experience.
NB: Property inspections are by appointment only
The size of Lismore is approximately 3.9 square kilometres. There are 17 parks, covering nearly 17.1% of the total area. The population of Lismore in 2016 was 3579 people. By 2021 the population was 3656 showing a population growth of 2.2% in the area during that time. The predominant age group in Lismore is 30-39 years. Households in Lismore are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lismore work in a professional occupation.In 2021, 49.00% of the homes in Lismore were owner-occupied compared with 49.20% in 2016.
Lismore has 2,766 properties. Over the last 5 years, Houses in Lismore have seen a 13.66% increase in median value, while Units have seen a 53.51% increase. As at 31 July 2026:
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