Now available is a motel on the coast in a rapidly expanding beachside town of Australia.
As the only motel in the northern NSW town of Lennox Head, the Santa Fe Motel & Holiday Units holds an enviable market position, benefiting from strong demand fundamentals and consistent occupancy rates.
Hayley Morris and Taylor Manvell of CBRE were appointed to manage the Expressions of Interests (EOIs) campaign by local owners.
This property is located on a 1,370sqm plot of land, just 150m from Seven Mile Beach. You can easily access the vibrant Lennox Head restaurants, cafes and bars as well as local attractions.
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The motel, which has been under the same owner for more than 26 years, is meticulously maintained. This creates a warm and welcoming environment that encourages guest loyalty.
The offer includes 13 beautifully presented guest rooms, the manager’s home, reception and offices, a swimming-pool, guest laundry facilities and on-site car parking.
Hayley Manvell, Director of CBRE Hotels, said: “Financially the property is supported by solid trading and a robust land value of 2,56 million dollars, as assessed by NSW Valuer General on July 1, 2024.”
Ms Manvell continued, “We anticipate strong interest from owner-operators and boutique hotel and motel group, as well as investors looking for alternative uses. This is due to the scarcity in Lennox Head of freehold coastal property assets.”
Taylor Morris, CBRE, noted that “the region is primed to grow economically, with Lennox Head’s population projected at 8,873 in 2025, and growing to 12,829 in 2046. This growth will be supported by major residential developments such as EPIQ Lennox Head and Saltwood Kinvara.”
Ms Morris said the Santa Fe Motel & Holiday Units presented substantial scope for upgrades and repositioning.
Ms Morris stated that there was an opportunity to convert the property to a retro-contemporary motel. She could also expand accommodation, install a rooftop deck, and add dining facilities.
The freehold going concern interest in the Santa Fe Motel & Holiday Units is offered for sale via an EOI campaign closing Thursday, 10 July 2025 at 4:00pm AEST (unless sold prior).
