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Press Release

Waterfront Hotel on NSW Oyster Coast for sale by HTL Property

Specialist national brokerage firm HTL Property is pleased to exclusively offer the freehold going concern of Batemans Bay Lodge, via an Expression of Interest campaign.

HTL Property Director Nic Simarro and National Director Andrew Jackson have been appointed to manage the process.

Batemans Bay Lodge is an established and modern accommodation complex in the heart of the stunning Batemans Bay.   The property is ideally located 6-7 minutes drive from world class beaches including Pinnacle Point and Corrigans Beach; while enjoying immediate access to the CBD.

Batemans Bay is located within 3 hours drive of both Sydney and Canberra; and offers its visitors a variety of waterways, national parks and beaches.  Furthermore, Batemans Bay is renowned as the heart of Australia’s oyster coast.

Batemans Bay Lodge is the combination of 2 older motels combined, and delicately refurbished to offer premium accommodation on the South Coast.  The Hotel comprises 43 spacious rooms, Se7en-cafe (leased), a private jetty and is encircled by Batemans Bay and the Clyde River.  Due to the location, the property benefits from panoramic water views.

Positioned upon 3,218sqm of land, the hotel provides a long term holding opportunity in the form of redevelopment.  The land is zoned R3 medium density residential, and there is scope for the height limit to be increased substantially, however this opportunity currently sits with the local council.

“With a ~57% YoY increase in total visitors to the region, the South Coast has experienced an unprecedented uplift over the past few years, and is showing no signs of slowing down” commented HTL Property Director, Nic Simarro.

“Batemans Bay is at the forefront of growth in this regard, and hence early entry into the local accommodation market will undoubtedly see substantial downstream rewards” added Simarro.

“Opportunities to enter the South Coast accommodation market are rare, and in particular with regard an asset enjoying direct water access in the form of a jetty” added HTL Property National Director, Andrew Jackson

“Keeping in mind the medium density residential zoning, future outlooks on the land value appear prosperous.  Furthermore, we are already aware of a number of sites in the surrounding area that will soon be major apartment buildings; and we anticipate a similar opportunity for Batemans Bay Lodge in the long term’ concluded Jackson.

Batemans Bay Lodge is for sale via an Expression of Interest campaign closing 7 March, 2024.

End.

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