High Occupancy Leasehold with New 10-Year Term
ULLADULLA, NSW, NSW
Description
Under Contract High Occupancy Leasehold with New 10-Year Term Harbour View Serviced Apartments presents a rare opportunity to acquire a high-performing leasehold in the heart of the NSW South Coast. This well-established business delivers reliable, year-round income underpinned by consistently strong 88–90% occupancy and a brand new 10-year lease, providing immediate security of tenure. Comprising 11 impeccably maintained serviced apartments, including a balanced mix of one-bedroom, two-bedroom and studio configurations, the property appeals to both corporate and leisure travellers and is fully operational with no immediate capital expenditure required. Ideally positioned within walking distance of Ulladulla’s cafés, restaurants and retail precinct, the motel is perfectly placed to capture demand from visitors exploring the beaches and national parks of the Shoalhaven region. High ratings across major online travel platforms reflect strong guest satisfaction and an effective digital presence, while modern features such as EV charging stations further enhance its competitive appeal. With clear scope to increase tariffs in line with market trends, Harbour View Serviced Apartments offers a low-risk, income-producing investment with genuine upside in one of NSW’s most dependable regional accommodation markets. Runs as consistent 88-90% occupancy year-round Brand new 10 year leasehold term providing secure tenure Attracts both business and leisure guests acorss diverse market segments Turnkey operation in excellent condition requiring no immediate capital expenditure Central Ulladulla location with strong acccess to South Coast demand drivers Ranks highy on online travel agencies reflecting strong guest satisfaction Clear upside potential to increase tariffs inline with market rates Well-maintained property with modern facilites include EV charging stations Inspections are by appointment only
Financials
- Asking price
- $400,000
- Net profit
- $185,997
- Revenue
- —
- Profit multiple
- 2.15x
- Revenue multiple
- —
Agent
Sarah Hutchins
