Great leasehold motel is being sold with 14 years remaining on the lease and the owners have priced the business accordingly, showing the new owners a 40% Return on Investment.
- 15 rooms all with balconies overlooking lake
- Excellent 4 bedroom residence
- Strong regional city
- Close to Northern NSW tourist attractions Byron Bay Ballina Lennox Head
- Good upside for motivated operator
Lismore is a regional city in the Northern Rivers of North East NSW. Lismore is approx. 730kn NNE of Sydney, 200km S of Brisbane and only 45km to the beaches of Byron Bay. Lismore has a population of over 27,000 people.
Lismore is home of Southern Cross University, has a major regional hospital and outstanding sporting facilities that attract regional, state and national events.
Property Code: 574
The size of Loftville is approximately 3.3 square kilometres. There are 2 parks, covering nearly 7.0% of the total area. The population of Loftville in 2016 was 229 people. By 2021 the population was 265 showing a population growth of 15.7% in the area during that time. The predominant age group in Loftville is 50-59 years. Households in Loftville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Loftville work in a labourer occupation.In 2021, 37.40% of the homes in Loftville were owner-occupied compared with 54.80% in 2016.
Loftville has 236 properties. As at 31 July 2026:
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