DA-Approved Coastal Development Opportunity – Mollymook
Motel
ActiveHospitality & Tourism
Asking price
$3,750,000
Disclosed · AUD
Revenue (est.)
~$1,089,550
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 in Mollymook on the NSW South Coast, offering holding income alongside development approval progressed to CC1 for 28 boutique apartments on an elevated, ocean-view coastal site. Zoned R1 General Residential, with potential to begin demolition, the property sits within easy reach of Ulladulla and about three hours from Sydney. To be sold by auction.
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