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Stunning Below Cost Coastal Property And B&B For Sale

Mollymook Beach, New South Wales, Australia
Asking Price:
$2,500,000 (AUD) Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Stunning private country retreat in the heart of Mollymook Beach including award winning luxury Bed & Breakfast Business offered well below replacement cost of land and buildings.

A once in a lifetime opportunity to acquire the stunning Ridge Retreat Mollymook in the highly sought after Mollymook Beach area on the NSW South Coast. The owners need to urgently relocate and are selling this property (via auction if not sold sooner) with the award-winning B & B business included at no extra cost.

The Business enjoys long term partnerships and substantial revenue with highly successful accommodation re-sellers such as Red Balloon and Gala Bid, as well as through world leading channel partners such as Booking.com and Expedia.

The auction is due to take place on site on Sunday 2 June 2024.

If you are looking for a once in a lifetime opportunity to acquire a stunning property with its attendant dream lifestyle and substantial supporting revenue stream at below market cost, contact the agent for an inspection during which an explanation can be provided regarding the detail of the business model.

The properties address is 13B Bishop Drive Mollymook Beach NSW 2539 and its listing can be found on Realestate.com.au by typing in the above address.

This is an opportunity to sea change to a superb lifestyle on the NSW South Coast and also supplement your life style with a fully established, high profile B&B with a substantial social media and client following and a strong revenue base that has upside potential in the vicinity of $300,000.00 per year.

For more information, please contact us by using the form below and we will put you in contact with our real estate agent.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

This is a purpose built Bed & Breakfast effectively divided into two wings with the guest rooms occupying one wing and the owners private living area occupying the other. It is a solid double brick construction including all internal walls with excellent sound proofing.

Location:

Centrally located in a secluded yet easily accessible location just minutes from Mollymook and surrounding beaches, 18 hole championship golf course, Narrawallee and Burrill Lake waterways, Milton’s boutique shopping strip, award winning restaurants, Ulladulla town centre and national parks.

Premises Details:

The property is a five bedroom seven bathroom establishment with separate ensuited guest rooms and lounge facilities for guests.

Size in square feet:
2700 sq metres
Planning Consent:

The property is approved as a Class 1b Bed and Breakfast Dwelling with compliant fire control systems maintained by an authorised inspector, compliant pool perimeter fencing, solar panels, mains sewerage and water connected plus rainwater above and underground storage tanks.

Business Operation

Expansion Potential:

The building sits on two thirds of an acre and has the potential for further expansion/redevelopment.

Competition / Market:

The business is a high end luxury accommodation venue. It is unique in the area in service offering and location. The region is experiencing rapid growth in tourism but has limited high end specialised accommodation offerings.

Reasons for selling:

Owners wish urgently relocate and retire from the business.

Trading hours:

24/7

Employees:
No employees, owner operated with 3 permanent contractors for cleaning and grounds maintenance
Years established:
Ten years

Other Information

Support & training:

Full support with the transfer of the business can be provided if requested.

Furniture / Fixtures value:
$100,000 (AUD) - included in the asking price
Home based:
This business can be run from home.