53 Cyrus Street

Hyams Beach NSW 2540

Subject to Council approval, there are opportunities to construct 3 - 4 additional cottages on the site. A DA was previously obtained in 2001 for 3 extra cabins, however it was not substantially commenced.

The cottages achieve very high occupancy levels (60 - 70% per annum). Peak rates are $350 per night, and the weekend rate is $330 per night - with scope to push this further. Precedents exist in Hyams Beach to push the nightly rate into the $350 - $500 range all year round.

The profit margin on the cottages is very high with opportunity for even greater returns. The couples only market has the highest per capita nightly rate and the lowest per capita wear and tear - making it the best holiday rental market segment for investors to target.

The cottages have been in the same hands for 27 years and are currently operated as a self managed super fund investment property that is leased to The Holidays Collection. The contract is continuing on a month by month basis and can be extended for a longer period.

An opportunity exists for a property investor to continue the existing lease arrangement, or to put the cottages under management by The Holidays Collection on a commission only basis.

There is also great scope for a more active buyer to operate the cottages on a day-to-day basis and reap the rewards of an exceptionally strong income and a relaxed lifestyle in magnificent Jervis Bay.

Financial information + previous DAs + conceptual drawings will be made available to serious buyers.

A rare opportunity exists to purchase one of the most exciting pieces of real estate offered in today's market!

An incredible income and lifestyle opportunity comes only once in a lifetime!

Inspection is by appointment only. Please contact Craig McIntosh, Managing Director, The Holidays Collection on 0455 544 228