Seeking Expressions of Interest to purchase the beach front Ocean Beach Motel and the adjoining land with apartments.
Presenting a unique opportunity to acquire both a cash flow generating going concern and prime development site.
Consisting of two adjoining properties with duel street frontages and a total land holding of 3,400sqm.
The key attributes of 123 Ocean Drive and 14 Greensell Street are as follows;
123 Ocean Drive (Ocean Beach Motel)
andbull; 15 motel units
andbull; Land area of 2,579sqm
andbull; 58.31 metre frontage
andbull; Zoned Tourism R-80
andbull; 852sqm of gross building area
andbull; Office/reception
andbull; Managers unit
andbull; Commercial laundry facilities
andbull; Beach front location (only separated by Ocean Drive)
14 Greensell Street
andbull; 5 one bedroom, short stay apartments
andbull; 821sqm of land
andbull; 29 metre frontage
andbull; 250sqm (approx.) of gross building area
andbull; Zoned Tourism R-80
Financial statements, building plans, development concepts and other due diligence material available on request.
For further information or to arrange an inspection please contact:
Stephen Harrison
Ray White Commercial (WA)
M: 0421 622 777
E:
[email protected]
Phil Zoiti
Ray White Commercial (WA)
M: 0419 993 656
E:
[email protected]
