11-13 Tarana CrescentOberon NSW 2787
Property Details for 11-13 Tarana Cres, Oberon
Last Listing description (March 2022)
Motel Business For Sale - 13 Tarana Road Oberon
Situated less than a kilometre from the town centre Titania Motel offers spacious and comfortable accommodation.
The motel is in good condition and is well presented and maintained with accommodation options of single, double and executive rooms equipped with television, refrigerator, tea and coffee making facilities, air conditioning and free private parking.
Titania Motel has 16 rooms along the front, two upstairs apartments, owner accommodation and a three bedroom cottage. Most of the linen is owned and is cleaned in the well-equipped laundry.
There is also a commercial kitchen and a 100 seat dining room that could be re-opened, which has a liquor licence.
Located on a large block of 3,693 square metres which includes an outdoor barbecue area.
Well established and with a strong trading history prior to these Covid 19 times, averaging 50% occupancy rate
Long lease in place
Financial profile is based on one owner and two casual staff.
Easy to run, Titania Motel is an ideal entry level business for an operator looking for a work life balance.
Ideal opportunity to combine lifestyle with income
Offering consistent returns and a sought after popular location, this is a wonderful opportunity too good to miss.
For more details, please call agent.
Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however, we cannot guarantee it.
Property History for 11-13 Tarana Cres, Oberon, NSW 2787
- 09 Aug 2021Listed for Sale $395,000
- 21 Nov 2016Sold
- 21 Nov 2016Sold
Recent sales nearby
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0About Oberon 2787
The size of Oberon is approximately 182.2 square kilometres. There are 14 parks, covering nearly 12.2% of the total area. The population of Oberon in 2016 was 3256 people. By 2021 the population was 3319 showing a population growth of 1.9% in the area during that time. The predominant age group in Oberon is 60-69 years. Households in Oberon are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Oberon work in a machinery operators and drivers occupation.In 2021, 69.00% of the homes in Oberon were owner-occupied compared with 69.00% in 2016.
Oberon has 2,454 properties. Over the last 5 years, Houses in Oberon have seen a 53.06% increase in median value, while Units have seen a 59.87% increase. As at 30 June 2026:
- The median value for Houses in Oberon is $548,111 while the median value for Units is $475,147.
- Houses have a median rent of $470 while Units have a median rent of $350.
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