24 Beach Road Batemans Bay NSW 2536

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.