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Oasis Village, 146 Windang Road Windang, NSW 2528

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Oasis Village, 146 Windang Road,
Windang, NSW 2528

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

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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.

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Property ID: 502687682Last Updated: 14 Sep 2018

04002001...
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Oasis Village, 146 Windang Road
Windang, NSW 2528
Tourism Property Services
Market Street
WOLLONGONG, NSW 2500

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