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Prime waterfront property on popular NSW south coast | Resort Brokers ID : FH007512
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Motel (Freehold) hospitality, BATEMANS BAY NSW
Occupying 3,790sqm of the peninsula, Batemans Bay Lodge commands attention. This uniquely positioned property boasts 360-degree waterfront views from a desirable central town location. The property has its own private jetty stretching into Mcleods Creek, offering exclusive access to a sanctuary amongst the mangroves. As the largest motel in Batemans Bay, this waterfront development opportunity has the potential to amplify its presence with a multi floor expansion (STCA).
- Massive long-term potential with opportunity to expand (STCA)
- Property has had a refurbishment completed in October 2021
- Absolute waterfront property offering river, island and mountain views
- Largest motel in Batemans Bay with 43 contemporary coastal rooms
- Offers a private jetty which very few properties in Batemans Bay have
- Onsite cafe/restaurant currently leased out, providing an additional revenue stream
- Walking distance to Batemans Bay CBD
- Huge upside as only 50% occupancy
- The Batemans Bay area is highly regarded for it world class beaches, fishing, golf, zoo and countless cafes and restaurants
- Property inspections are by appointment only
Date updated: 01 Dec 2024 22:00:02
More Information
- Total Purchase Price: Contact Agent
- Net Income: $ 834,360
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?