Tourism Property are proud to be appointed as exclusive agents for the sale of the Jervis Bay Motel in Huskisson – presented for sale by Expressions of Interest.
The Jervis Bay Motel occupies valuable and tightly held main street real estate in this iconic tourist destination.
Act now, offers close Thursday 19th October 2017.
* * UPDATE – Sold and settled February 2018. Plenty of buyers at these price levels, are you looking to sell? * *
Features
- 15 quality motel rooms, fully renovated in 2015 – 4 star
- Adjoining vacant land of 514 square metres
- Stunning views to the north-east from the first floor
- DA approved expansion to 33 rooms, CC issued and over $235,000 in contributions are paid
- Just 2.5 hours easy drive south from Sydney airport
Opportunities like this are often sought and rarely found. Very solid business with considerable profit, underpinned by exceptional land value and approved development opportunities.
Property Details
Many thousands of domestic and international visitors flock to Huskisson all year round to enjoy the professional dolphin and whale watching experiences in this blue water paradise. Of course, the January school holidays can only be described as a SUPER-PEAK period, where room rates consistently amaze – even with the myriad of holiday letting properties available throughout Summer.
Sydney and Canberra families and couples have been visiting Jervis Bay for many decades – and it’s little wonder too; Hyams Beach is noted in the Guinness World Records for having the whitest sands in the world !
With just 79 motel rooms in Huskisson, the demand for accommodation already well and truly outstrips the supply – making an excellent case for tackling the DA approved expansion of the Jervis Bay Motel. We have plans available to view.
The business understandably boomed after the renovations in 2015 and two full financial years have now passed with consistent excellent performance.
The incoming purchaser has the opportunity to operate the property themselves, or continue with the quality management currently in place. There is also the opportunity to offer breakfast to motel guests if desired.
A detailed information memorandum has been prepared and two years of accountants financials for the resort will be provided to qualified purchasers.
The vendors instructions are clear – submit all offers by 5.00pm on Thursday 19th October 2017. You are invited to arrange your inspection without delay.
We expect considerable interest in this property given the genuine profitability and generous yield, plus development opportunities.
More Information
If you are a registered buyer with Tourism Property, you can use your password to download the detailed Information Memorandum
To register as a buyer, click here.
You will need to return the confidentiality agreement in order to receive further information on this property.
Data Room
A comprehensive suite of documents will be made available for qualified purchasers in the data room.
Listing Agent
Matt Davidson
Director
Mobile: 0400 200 139
