Description

Mollymook Cove Apartments is situated in Mollymook, a beachside paradise located approximately 226km south of Sydney, New South Wales.

Products & Services
• Management Rights of Mollymook Cove Apartments (consists of 2 agreements)
• A newly signed 10 year Caretaking Agreement includes maintenance duties
• A new 5×5 Letting Agreement covers management rights, to manage the letting of other apartments in the complex as per the individual agreements with each    owner.
• Managing the letting pool, includes advertising the apartments, taking bookings, managing monies received (deposits and balance of accommodation).
• The complex comprises of 9 modern and spacious, self-contained two bedroom apartments, air-conditioned and with private balconies. 8 apartments out of 9 are in the Letting pool and zoned as holiday only.
• The Manager’s 2 bedroom unit is situated on the ground floor with an adjoining office and a private patio area.

Location
• Situated just 200m from patrolled Mollymook Beach and only few min walk to Mollymook Beachside Golf Course, a picturesque 9-hole Course. It is
• Close to local restaurants and in the vicinity of the famous Mollymook, Milton and Ulladulla Region Sunday markets.

Cleintele
• Tourists, holiday makers

Staff
• The managers are on call 7 days/week and have the help of 1 casual staff member.

This business is an excellent opportunity for a couple with little or no experience to enter the tourism industry. It has consistent trading figures over the years and full financials are available.

Sale Price $1,250,000+SAV includes Manager’s Unit ($620,000)
ABM ID #6100