Manenti Quinlan & Associates, in conjunction with First National Yamba, have been exclusively appointed to market the freehold investment of the Twin Pines Motel.
Boasting an ultra-convenient location minutes from Yamba’s town centre and a stone’s throw to the area’s fantastic beaches, cafes, restaurants and entertainment venues, the Twin Pines Motel is a truly outstanding investment.
Constructed in 1998 and offering 3.5-plus star accommodation across 16 spacious rooms, the boutique property is immaculately presented and maintained. All rooms have well-appointed facilities, modern ensuite bathrooms, air conditioning, flat-screen TVs with cable channels, and free wifi.
The motel sits amongst landscaped tropical gardens and has an appealing saltwater pool and covered BBQ area. An adjoining block of 600m2 offers dual street frontages and the potential to add an additional 12 suites (STCA).
Yamba has experienced dramatic growth in tourism numbers and property values over the past decade, with the median house price climbing an incredible 35% during 2021. Widely regarded as the next Byron Bay, the picturesque coastal town at the mouth of the Clarence River is a flourishing holiday destination with universal appeal.
“The Twin Pines Motel is the best-located motel in Yamba. It’s directly opposite the Yamba Bowling Club and minutes to world-class surf beaches, family-friendly swimming lagoons and fishing spots, pristine national parks and eateries,” said Manenti Quinlan’s Ray Larkin.
“Yamba’s property prices and tourism are going through the roof. The property’s excellent condition, easy-to-operate B&B model, and scope to add a further 12 units make The Twin Pines Motel an exceptional investment with huge potential. It also offers an idyllic lifestyle in one of Australia’s top holiday spots for an owner-operator – the current owners have absolutely loved their 15 years here,” said Larkin.
Yamba has a local population of 6,288 and a charming small-town atmosphere. It’s a 90-minute drive from Byron Bay and Ballina Airport and 3 hours from Brisbane. Growth in the local government area of Clarence Valley has outpaced New South Wales and Australia since 2020.
The Motel is for sale by Expressions of Interest.
For more information contact Manenti Quinlan’s Ray Larkin via the contact form below.