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Beachfront Beauty: Rare opportunity to aquire a Freehold Motel in Mollymook | Resort Brokers ID : FH008552
Price by Negotiation
Motel (Freehold) hospitality, MOLLYMOOK NSW
ResortBrokers presents the Beachhouse Mollymook, a premier coastal motel in the heart of Mollymook. Offering breathtaking ocean views and just steps from Mollymook Beach, this property boasts 17 spacious units and a prime location near local cafes, restaurants, and the Mollymook Golf Club. With loyal clientele, unique two-street access, and potential for refurbishment, this motel presents a solid business opportunity. Opportunities in this tightly held region are rare, making this a lucrative addition to your portfolio or an ideal sea-change for operators.
- Prime location steps away from the stunning Mollymook Beach
- Short walking distance to local cafes, restaurants, and the Golf Club
- Offers breathtaking 180-degree views of Mollymook Beach
- Located in the bustling tourist hub of Mollymook
- Highly sought-after motel in a tightly held region
- Boasts a loyal and repeat clientele
- Features 17 spacious units with diverse accommodation options
- Unique property with access from two streets
- Inspections are by appointment only
- Closing date for offers is 5pm Thursday February 13th - if not sold prior.
Date updated: 19 Jan 2025 22:00:04
More Information
- Total Purchase Price: Price by Negotiation
- Net Income: $ 459,142
(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?