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Management Rights Cove Apartments In Mollymook For Sale

Mollymook, New South Wales
Asking Price:
$1,250,000 (AUD) Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

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 5x5 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.

Clientele
• 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.

Property Information

Real Estate:

Lease

Living Accommodation:

2 bedroom managers residence with adjoining office and private patio.

Location:

200m from Mollymook Beach

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday to Friday 0900 - 1700
Saturday and Sunday 1000 - 1600

Employees:
Owners (x2) plus 1 casual cleaner

Contact Information

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