Apartment 1 / 17 Golf Ave, Mollymook, New South Wales

Great value at $1,390,000

Property Description

Make your move today

Tourism Research Australia released its 2017 Tourism Forecast report on August 2, covering national forecasts, state and territory forecasts, influencing economic factors, risks and other driving factors.
According to the report, total visitor nights in Australia are forecast to increase by 4.7 percent in 2017-18, from 603 million nights in 2016-17, so 631 million nights. Just under half of these nights are expected to be from international visitors, while 54 percent will be from domestic overnight travel of Australian residents.
What will growth look like?
Tourism growth in 2017-18 is expected to be largest for the Australian Capital Territory, Queensland, South Australia, and New South Wales.
The Australian Capital Territory will experience a seven percent increase in tourism, bringing it to 11.8 million nights, while Queensland will experience a 5.7 percent increase to 146 million nights, and South Australia and New South Wales will both see a 4.8 percent increase, percent increase, bringing visitor nights to 34 million and 198 million nights respectively.

The management rights of The Cove Holiday Apartments are being offered for sale for the first time in 13 years.

This outstanding opportunity will enable you to live the lifestyle that you have always dreamed of.

Also included in the sale is this stunning two bedroom unit.

Property highlights

This is an established business that can be easily be managed by a couple
Long agreement in-place for incoming managers
The net is $155.583 for 8 rooms
Ocean views from managers unit
Dog friendly (small)
This unit is zoned for permanent residency all other units in this complex are zoned for holiday letting

This unit has been independently valued by the Optima Property Group (licensed valuers) at $600,000 (unit only)

Please contact me direct for more details Mick Scott Lyall and Scott Property

Call me if you need help selling your business

Lyall and Scott Property your Mollymook Real Estate Agents

Property Summary

Business Snapshot

Price: Great value at $1,390,000Net Profit: $155,000

Managers Unit

Value of Managers Apartment: $600,000Bedrooms: 2Car Spaces: 1Office: Exclusive UsePets OK: Yes
Great unit with ocean views

Complex Information

Star Rating: 4Total Letting Pool: 8Agreement Term: 10 years

Motel Information

Stars: 4.5Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Bed and Breakfast Information

Stars: 4.5Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

General Features

  • Carparking Notes: Under cover
Views: Ocean, WaterWalk to (vicinity of): Beach, Dining, Golf, Bus Stop

Other Features / Notes

Busy location, high occupancy rate, can be managed by a couple,

Marketing Agent

Mick Scott

Marketing Agency

Lyall And Scott Property

Lyall And Scott Property

Lyall And Scott Property

Mick Scott
Lyall And Scott Property

Phone

Listing Tools

Property Map

Map Location ( get directions )

Apartment 1 / 17 Golf Ave, Mollymook, New South Wales 2539

Similar Properties

PARKES
Recently Refurbished Freehold Opportunity...

1,295,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

A B Brokers
Regional Freehold Entry Level Property | Resort Brokers ID : FH004926
Updated

PARKES
Regional Freehold Entry Level Property |...

$1,295,000
Net Income: $189,101
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Resort Brokers
2462MI - Unique Investment Opportunity
Exclusive

WELLINGTON
2462MI - Unique Investment Opportunity

INVESTMENT $1,450,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers

BYRON BAY
Business For Sale - Byron Bay Tranquility -...

$1,490,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

MR Sales

ORANGE
Licenced Café and Yogurt Bar - 1P3476H

Leasehold $1,380,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

CRE Brokers

WAGGA WAGGA
1403ML - Stable Money Maker

$1,395,000 Leasehold
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers