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Townhouse
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for sale
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A Rare Coastal Development Opportunity DA Approved with Holding Income | Resort Brokers ID: FH008809
Narrawallee
· Townhouse
· Swimming pool
Narrawallee · Townhouse · Swimming pool
ResortBrokers is proud to offer the Mollymook Ocean View Motel a blue-chip coastal development opportunity on the tightly held NSW South Coast. Set on an elevated 3,018sqm site with ocean views, the site currently operates an existing 12-room motel, providing a secure holding income while future development plans are realised. The motel has recently undergone a comprehensive refurbishment, including new furniture, fresh paint, and updated curtains throughout the rooms. External improvements include a repointed and repainted roof, new signage, a resurfaced swimming pool, and new outdoor furniture and BBQ facilities. The site benefits from an approved Development Application for 28 boutique apartments, thoughtfully designed to maximise the site's natural topography and breathtaking coastal outlook. Engineering has progressed to CC1 for lodgement with the potential to start demolition. Positioned in the highly sought-after destination of Mollymook, the property is approximately three hour
ResortBrokers is proud to offer the Mollymook Ocean View Motel a blue-chip coastal development opportunity on the tightly held NSW South Coast. Set on an elevated 3,018sqm site with ocean views, the site currently operates an existing 12-room motel, providing a secure holding income while future development plans are realised. The motel has recently undergone a comprehensive refurbishment, including new furniture, fresh paint, and updated curtains throughout the rooms. External improvements include a repointed and repainted roof, new signage, a resurfaced swimming pool, and new outdoor furniture and BBQ facilities. The site benefits from an approved Development Application for 28 boutique apartments, thoughtfully designed to maximise the site's natural topography and breathtaking coastal outlook. Engineering has progressed to CC1 for lodgement with the potential to start demolition. Positioned in the highly sought-after destination of Mollymook, the property is approximately three hour
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