Share this property

realcommercial.com.au

Oasis Village, 146 Windang Road Windang, NSW 2528

Directions

Oasis Village, 146 Windang Road,
Windang, NSW 2528

Hotel, Motel & Leisure • Development Sites & Land • Other

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Zoning

Municipality

Sold on

Map of Oasis Village, 146 Windang Road

Directions

Diversified waterfront property investment in booming Wollongong. Now sold by Tourism Property, please call to discuss details.

  • 30 room motel and 10 waterfront cabins
  • 53 site residential land lease village
  • Main road service station on long lease
Too late on this one sorry. Please call if we can assist with your buying or selling needs.

Here's a profitable and simple to operate business with a raft of opportunities.

* Update - EOI closed, multiple offers received *

Just 90 minutes south of Sydney lies Windang at the southern tip of Wollongong - a narrow belt of land wedged between stunning beaches to the east and the enormous Lake Illawarra to it's west.

Oasis Village offers diverse income from a range of sources.

First, a solid brick 2 storey motel with new roof and gutters - currently only used for long stay guests on weekly rates. This creates a simple and effective business and vastly reduces management effort (no check-ins, housekeeping etc). With a highly publicised shortage of motel rooms in the region, the purchaser may opt to renovate the motel and operate, or sell off a lease for easy passive income.

There is a large restaurant and huge conference centre - both currently unused, but ready for immediate leasing. Also a newly renovated 3 bedroom managers residence.

Next is the highly sought after residential land lease community - 53 sites in total, 50 of which are occupied. Collect your weekly rental from long term tenants, who also pay their own water and electricity charges.

The 3 vacant sites present an immediate opportunity to construct new cabins / villas and achieve in excess of $1.0m for the re-sales, plus additional ongoing land rental income.

The main road service station sees over 18,000 northbound vehicle movements per day on average and has a long term tenant on a 15 year lease.

All up, this is a rare and diverse opportunity and properties featuring manufactured housing estates (MHE) are now highly sought after.

Expressions of Interest close Thursday 15th February 2018 - contact the exclusive agents for further details and to arrange your inspection.

A detailed Information Memorandum (IM) is available and full financial reports will be available to bona-fide purchasers.

Don't delay, will be sold.

Additional information

Property ID: 502687682Last Updated: 14 Sep 2018

04002001...
realcommercial.com.au logo
Oasis Village, 146 Windang Road
Windang, NSW 2528
Tourism Property Services
Market Street
WOLLONGONG, NSW 2500
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.