Mollymook, New South Wales

Rare Freehold opportunity in tourism Mecca of NSW South Coast | Resort Brokers ID : FH007846

$5,900,000

Business Description

On the doorstep of the famous Mollymook Beach, this Freehold Going Concern is well positioned to capitalise on the NSW South Coast’s growing tourist market. Offering 10 spacious motel rooms and 6 exclusive apartments, the motel enjoys substantial year-round trade.

Occupying 2,029sqm of tightly held real estate adjacent to Mollymook’s Golden Triangle, this is an exceptionally rare opportunity to reap the rewards of a high performing tourist destination. In response to the growing demand for accommodation within the area, the property lends itself to development opportunities, such as a second-floor expansion (STCA). With R3 zoning, there is scope to pursue permanent residential development opportunities (STCA).

This is a long trading motel business with a strong presence on a range of online booking sites. The off-site administration systems allow new owners the flexibility of remote management.
The motel is within 200m from the world renowned, Mollymook Golf Club, the pristine waters of Mollymook Beach and an assortment of local cafes. The prime location of this property with strong upside potential makes it an incredibly desirable investment opportunity for the astute buyer.

- Prime location within Mollymook’s Golden Triangle precinct
- Large block of land with development opportunities (STCA)
- R3 zoning with diverse income opportunities (STCA)
- Low outgoing costs due to sole management by owners
- Recently installed energy efficient upgrades
- Diverse accommodation configurations with modern apartments and motel rooms
- Inspections by appointment only
Date updated: 26 Nov 2023 22:00:09

Business Summary

Business Snapshot

Price: $5,900,000 Net Profit: $445,236
Marketing Agent
Russell Rogers
Russell Rogers

Sarah Hutchins
Sarah Hutchins

Key Investment Insights

1. Prime location within the popular tourist destination of Mollymook, NSW South Coast.
2. Large block of land with potential for development opportunities (STCA).
3. R3 zoning allows for diverse income opportunities (STCA).
4. Low outgoing costs due to sole management by owners.
5. Recently installed energy efficient upgrades.
6. Diverse accommodation configurations with modern apartments and motel rooms.
7. Long trading motel business with a strong online presence.
8. Flexible remote management options for new owners.
9. Within 200m of Mollymook Golf Club and Mollymook Beach.
10. Strong potential for growth and expansion in response to growing demand for accommodation in the area.

ROI Estimate: 7.55%

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