Landmark 2,067sqm* South Coast Motel Freehold

Description

CBRE are pleased to present the Sandpiper Motel, 78 Princes Highway, Ulladulla, to the market via Private Treaty, a landmark freehold opportunity in one of NSW’s most sought after South Coast destinations.

The property has the following key highlights:

+ Rare freehold + business opportunity in the tightly held Ulladulla growth corridor – Net Operating Income: $236,134 pa¹
+ Longstanding and proven 3-star motel with a trading history spanning 20+ years
+ Substantial 2,067sqm* corner landholding zoned R3 Medium Density Residential, offering significant land banking and redevelopment upside (STCA)
+ Well-presented single-level accommodation building featuring 13 guest rooms, each with refrigerator, microwave, toaster, tea/coffee facilities, air-conditioning and flat-screen TV, complemented by a separate 3-bedroom residence on site
+ High exposure site with rare dual street frontage to Princes Highway and North Street totaling approximately 90m*
+ Extensive on-site parking with a guest space directly outside each room
+ Walking distance (approx. 300m*) to Ulladulla Harbour and town centre featuring major retailers such as Woolworths and Target as well as many cafes and restaurants, with Mollymook Beach just a 2 minute drive away
+ Prominent gateway position on the Princes Highway with high visibility and traffic exposure
+ Surrounded by lifestyle-focused amenity including Mollymook, Narrawallee and Milton, championship golf courses, pristine beaches and national parks
+ Ulladulla forms part of the booming Shoalhaven LGA, with a population of 115,443* forecast to grow to more than 139,972* by 2051 – a 21% increase
+ Strategic Milton-Ulladulla growth corridor identified by Shoalhaven City Council for significant future residential development, underpinning long-term capital growth

For Sale via Private Treaty

Please contact the exclusively appointed sales team for more information.

*Approximate ¹ Average of 3 Year NOI

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Contact agents
Jake Hatch Negotiator
0488 221 100
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Ulladulla, NSW

78 Princes Highway

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