SoldSep 30, 2022

8 Bluewater Drive, Narooma, NSW, 2546

Amount undisclosed

11
8
9
1413 m²

BlockOfUnits

30+ days on the market

Sold: Sep 30, 2022

What's around 8 Bluewater Drive

Golfer's Lodge Narooma

The Golfers Lodge is in the middle of Narooma, overlooking the famous Narooma Golf Course with amazing ocean views. Sited on a large 1,416sq m block (zoned R2 Residential) is a 3-story accommodation building plus a separate, second level residence at the rear. All have been upgraded over the last few years - buildings rendered and painted, roof re-sealed and apartments updated in all the accommodation areas. Currently operated as an accommodation enterprise with a full walk-in walk out business and furnishings. Forward bookings, intellectual property and transfer of business name all included with the transition. Plus, there is the option to utilise a holiday business management company - currently in place. Property incorporates a 4 bedroom, 2 bathroom Penthouse apartment, occupying the entire top floor – awesome views with excellent living spaces. Currently utilised as the owner/manager residence. 5 x 1-bedroom apartments, 3 of them are found on the mid-section of the building. The office /storage / laundry are also located on the same level. Downstairs is another 2 x 1 bedrooms. Another 2-bedroom unit is found out the back (7th apartment) above a double auto lock up garage with workshop area / storage with an extra shower and toilet. A BBQ and entertaining area is provided in the backyard. Strong accommodation sales with the business running at approx. 85% capacity all year round. Yearly sales Min. Gross of $225k with lots of room for improvements available, as the Upstairs Penthouse is currently used by existing Owners and its estimated income for that 4 bedroom Unit to be between $60-$80K per year. Dual access from Bluewater Drive and Bay Lane offers flexibility with access. Carparking is available for all accommodation, including a double lock up garage, 3 carports and 4 open car spots. Full Business figures available with a signed confidentially agreement.

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Buyer's review

over 3 years ago

John is the agent who handled the negotiations for our purchase.

If found John to be professional, honest and well informed about the local market. He also handled the negotiations tactfully and reasonably. He is a pleasure to deal with.

B
Buyer

Seller's review

over 3 years ago

John is a real professional.

John is a very, very good professional agent in Narooma, couldn't go past Whalecoast for sales or holiday rental , Chris Eardley, formerly Narooma Golfers Lodge, best wishes John for you future endevour.

C
Chris & Janice Eardley
Seller
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