Tourism Property is proud to announce the sale of this stunning FREEHOLD boutique hotel in seaside Kiama.
An iconic and historical landmark since 1890.
Property Highlights:
- Extremely limited competition in Kiama
- CBD location, short walk to harbour, blowhole and beaches
- Booming region, excellent demographics
Kiama was voted Australia’s Best Small Town 2023.
Kiama has above average entrepreneurship, below average unemployment, higher than average income. Bernard Salt, March 2023
Property Details:
Tourism Property are proud to present to market this rare lifestyle business in seaside Kiama.
For more than 130 years, visitors have enjoyed the hospitality and charm of The Bellevue Kiama.
The Bellevue occupies a prominent landmark position at the entry to the Kiama town centre and sits squarely amongst the Kiama Harbour and
Pheasants Point precinct.
Following a stunning renovation, the owners have made the decision to sell and we now offer this extremely rare opportunity to be the next custodian of this iconic South Coast boutique hotel.
This is truly a lifestyle business – local housekeepers take great care of the apartments and guests can be checked in remotely, taking advantage of the electronic coded door locking system.
Although The Bellevue is an extremely profitable short term accommodation property, the residential zoning could permit permanent occupancy if desired (STCA).
With a heritage dating back to 1890, this Kiama icon is indeed a trophy asset in an extremely high value location. The Bellevue occupies blue chip freehold Kiama waterside real estate – sited within 200 metres to Kiama Harbour, and the same distance to the myriad of shops, cafes and restaurants of Collins and Terralong Streets.
Located directly opposite the harbourside Sebel Kiama, with it’s restaurants, bars, wedding and function centre and gymnasium.
Guests or residents can take a 2 minute stroll down to the 50 metre rock pool, or enjoy the regular Seaside Markets in the same location.
The property was extensively renovated in 2018 and 2021, presenting this exquisite boutique hotel without comparison.
With significant revenue, this is a profitable and streamlined business, requiring minimal effort from the owner. Established local cleaning staff and all the systems are in place for offsite operation.
The Bellevue was award “Kiama Best Garden under Half Acre” in 2020.
Guest Accommodation:
The six (6) large one bedroom apartments all offer a separate bedroom, plus living, dining, full kitchen and laundry. Featuring a full height brick fireplace, large screen TV and Wi-Fi connectivity, each apartment enjoys access to the front and rear balconies. The two larger apartments have upgraded bathrooms with bath tubs.
These beautifully renovated apartments are ideal for couples and the property is regularly booked for weddings, providing a stunning setting for
photography.
Financials:
Qualified buyers will have access to an extensive range of financial and operational reports, including accountant prepared Profit & Loss statements.
Offers close Thursday 29th February – arrange your private inspection now with exclusive agent Matt Davidson.
Inspections are ONLY available when accompanied by the agent and require a minimum of 48 hours notice – please call to discuss your interest and purchasing credentials.
More Information:
An information memorandum has been prepared and will be provided to qualified purchasers.
Please call exclusive agent Matt Davidson at Tourism Property to discuss your next move.
To register as a buyer, click here.
You will need to return the confidentiality agreement in order to receive further information on this property.
Listing Agent
Matt Davidson
Managing Director
Mobile: 0400 200 139
