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DealProspect/Listings/Hospitality & Tourism

DA-Approved Coastal Motel Development – Mollymook NSW

Motel

ActiveHospitality & TourismNew South WalesB2C
Asking price
~$1,027,664
est. from 4× earnings · AUD
Revenue (est.)
~$1,064,716
Estimated · comparable listings of this type and size
Net Profit
$256,916
Implied multiple
n/a
Price includes the property
Brief
  • Freehold going-concern motel site in Mollymook on the NSW South Coast, generating holding income
  • DA approval in place for 28 boutique apartments, with engineering progressed to CC1 lodgement stage
  • Elevated 3,014sqm coastal site with panoramic ocean views over Mollymook
  • R1 General Residential zoning with potential to commence demolition
  • Approximately three hours from Sydney and 2.5 hours from Canberra, close to Ulladulla town centre