Baywatch Manor - House and Lodge!

9 Heppingstone View, Augusta, 6290

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1,275,000 AUDEst. Mortgage: AUD 8,959/monthFor Sale
  • Ownership Type House
  • Property Area 1,306 sqft
  • Bedrooms 16
  • Bathrooms 7
  • Furnished No
  • Last Updated 5th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Balcony
  • Air Conditioning
  • Built-in Wardrobes
  • Open Fireplace
  • Ensuite: 9

Property Overview

Baywatch Manor is a FREEHOLD investment including a Guest Lodge business and a separate 3 bed 2 bath manager's house. This is an excellent opportunity to acquire a fabulous sea-change place to live and earn a handsome income from the Lodge. It has wonderful river & ocean views, is located in the town centre within easy walking distance of all shops, cafes and the hotel. The Manager's 3 bed 2 bath dwelling was built in 2010 and the 13 bedroom Manor completed in 1995. Fabulous river and ocean views are available from both the Manor and the dwelling. Currently operated as short term accommodation, and easily managed by a couple, the business has shown an average net income with add backs of approximately $75,000 per annum over the past 3 years. With a current average occupancy of around 40%, there is plenty of opportunity to expand the business. If you're not ready to retire fully, or looking for a sea change and would like to live and work in a pristine seaside environment with exceptional beauty then make an appointment to view this wonderful opportunity now.

Location on Google Map

9 Heppingstone View, Augusta, 6290

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