Fabulous Resort - within 90mins of Sydney - Business For Sale

Business Description

Whether it's for business or pleasure, this wonderfully located Resort on Lake Illawarra caters offers a major opportunity for an entrepreneurial investor to reap substantial profits and capital gains. Situated between Wollongong and Shell harbour it offers fantastic opportunity. Total land area is 1.694ha.

Comprising
1. 3.5 star Motel with 30 rooms and 10 waterfront cabins. Generates $300k p.a. net profit and is not tourist dependent. Excellent restaurant with great growth potential.
2. Mobile Park Home with approval for 54 relocatable homes. 44 have already been sold. Anticipate profit on remaining 10 estimated at between $880k and $1m. Management income is forecasted to be at least $250k p.a.
3. Independent service station on busy Windang road. Superb opportunity to refurbish and include major food franchise and convenience store. Currently leased on week to week basis. Estimated that more than 50,000 cars go past this site every day!

Each of these businesses is on their own separate land titles and can be bought separately.

Motel $2.2m
Manufactured Home Park $3m
Service Station $550k

The Motel has purpose built conference rooms accommodate up to 80 delegates and include everything from white boards, flip charts to photocopying, fax and e-mail services.

Spa and fully landscaped waterfall pool.

Guests staying at the Resort with adventure in mind, have a great range of fun activities available.

These include:

Sailing, fishing, water skiing, sail boarding, canoeing, boating on Lake Illawarra
Optimum Experiences - Outdoor Adventures
Hang Dog Indoor Rock Climbing
Horse riding - Lakeview Lodge Stud
Darkes Forest Riding Ranch
Otford Farm trail rides
Go Kart Racing
Motor Park Samurai
Tandem Micro light flight
Great stretches of sandy beach for swimming and surfing
Roller skating and Rollerblading
Golf Driving Range and Putt Putt
Shellharbour Ten Pin Bowl
Large shopping centres (some of us would class that as an adventure!!)

What an opportunity! What a lifestyle!

Detailed Information