HIGHLY SOUGHT AFTER SEASIDE FREEHOLD OPPORTUNITY | Resort Brokers ID : FH007545
Expressions Of Interest
Motel (Freehold) hospitality, Mollymook NSW
In a town where motels are highly sought-after and tightly held, the Mollymook Paradise Haven Motel Apartment truly is a once in a lifetime opportunity. This generous 2510sqm property features 17 self-contained units all of which have undergone recent renovations. The property spans over three lots, one which is vacant presenting the new owners with an extremely rare opportunity to consider expansion with additional accommodation or other onsite facilities (STCA). Mollymook and surrounding areas truly represent some Australias best coastal, rural and urban landscapes all rolled into one!
- Large 2510sqm block over three lots (one lot is vacant)
- Room for further development (SCTA) with vacant lot
- All self-contained units and suites have been recently renovated
- Walking distance to MollymookBeach, Mollymook Golf Club and restaurants
- Motels in Mollymook are highly sought-after and tightly held
- Easy to run for a husband and wife team
- Mollymook has become a hot tourist destination the last few years
- Property inspections are by appointment only
Date updated: 21 Apr 2024 23:00:04
More Information
- Total Purchase Price: Expressions Of Interest
- Net Income: $ 0
(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?