Internal Ref: 1P3157
Summary
A rare opportunity to acquire a standout accommodation business in one of Sydney's most iconic beachside destinations. Recently repositioned and benefiting from a comprehensive refurbishment, the p...
About the Business
A rare opportunity to acquire a standout accommodation business in one of Sydney's most iconic beachside destinations. Recently repositioned and benefiting from a comprehensive refurbishment, the property now presents to an exceptional standard, addressing a clear demand in the market for quality mid-scale accommodation.
Designed for streamlined and efficient operation, the business has been established without the need for an onsite manager. Day-to-day functions are supported through outsourced housekeeping services and a dedicated offshore team responsible for reservations, guest communications, revenue management, and call handling. Digital pin-code entry systems further enhance operational efficiency, delivering a seamless, contactless guest experience while reducing staffing requirements and overheads.
The result is a modern, largely automated accommodation offering that combines strong presentation, operational simplicity, and an enviable coastal location.
- 19 Studios with ensuite
- Rent $41,666 (excl GST) per month
- Lease term - 10 + 10 years with only 10 months in
- One block back from the beach & walking distance to ferry
- Property has undergone a recent upgrade with all rooms fully refurbished
- Running a high occupancy all year round which suggests a strong long-term outlook based on traditional stabilisation periods for new properties
MQ ID 1P 1P3157
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