24 Beach Road, Batemans Bay NSW 2536
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1. Property Summary
Selling Details
Contact Agent
Floor Area
1562 m² (*approx)
Property Type
Hotel/Leisure, Other
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2. Property Highlights
Premier Batemans Bay Motel / Residential Development Site With Holding Income
- DA approved site (subject to DA)
- All apartments with unobstructed views
- Holding income through existing motel
1 Site 2 Opportunities.
Opportunity 1
DA Approved Residential Development
Sitting on a waterfront locale, on a commanding corner position with two street frontages, is the Beach Drive Motel. This Batemans Bay development site comes with a development application lodged with council for 34 apartments with imminent approval expected.
The development application features a fantastic unit mix (16 x 3 bedrooms) and has been designed with building efficiency in mind.
Key Site Features:
*1600sqm double frontage site (approx.)
*Waterfront locale with all units benefiting from unobstructed views.
*Walking distance to Batemans Bay Shopping Centre.
*Holding income friendly by way of operational motel.
Opportunity 2
Existing 20 Room Motel
The Beach Drive Motel is an existing town landmark. The Beach Drive Motel has been successfully operating for over 30 years. This unique investment opportunity is equally suited to motel operators or even passive investors.
The prospective purchaser has the ability to collect passive rental by way of long term fixed tenancies which could gross up to $300,000PA.
Motel operators would receive immediate uplift through the restoration of the property to its original operation as a motel. The increase in both business and dwelling value would be almost immediate for the right operator.
Due diligence material and further information is available upon request.
Remember to mention you found this property on CommercialReady
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Tenanted Investment
1. Property Summary
Property Type
Hotel/Leisure, Other
Floor Area
1562 m² (*approx)
Selling Details
Contact Agent
2. Property Highlights
Premier Batemans Bay Motel / Residential Development Site With Holding Income
- DA approved site (subject to DA)
- All apartments with unobstructed views
- Holding income through existing motel
1 Site 2 Opportunities.
Opportunity 1
DA Approved Residential Development
Sitting on a waterfront locale, on a commanding corner position with two street frontages, is the Beach Drive Motel. This Batemans Bay development site comes with a development application lodged with council for 34 apartments with imminent approval expected.
The development application features a fantastic unit mix (16 x 3 bedrooms) and has been designed with building efficiency in mind.
Key Site Features:
*1600sqm double frontage site (approx.)
*Waterfront locale with all units benefiting from unobstructed views.
*Walking distance to Batemans Bay Shopping Centre.
*Holding income friendly by way of operational motel.
Opportunity 2
Existing 20 Room Motel
The Beach Drive Motel is an existing town landmark. The Beach Drive Motel has been successfully operating for over 30 years. This unique investment opportunity is equally suited to motel operators or even passive investors.
The prospective purchaser has the ability to collect passive rental by way of long term fixed tenancies which could gross up to $300,000PA.
Motel operators would receive immediate uplift through the restoration of the property to its original operation as a motel. The increase in both business and dwelling value would be almost immediate for the right operator.
Due diligence material and further information is available upon request.
Remember to mention you found this property on CommercialReady
Read More
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