Presenting a leading opportunity to secure one of the most exclusive and strategically well-positioned R40 Residential and R60 Tourist Accommodation-zoned coastal properties in Albany.

Albany Holiday Units is a well-established business situated just a short stroll from all the tourist hot spots Middleton Beach has to offer. The Albany City Council’s recent decision to approve future development of the nearby former Esplanade hotel site opposite the beach, will only add to the popularity of this already highly coveted area.

The business has grown in turnover and presence on the Albany accommodation scene since the current owners took over in 2012. There are 10 accommodation units on the property and potential for three more.

And with a substantial 2,413sqm land area and R40 or R60 zoning in place, the options for any future redevelopment are considerable.

The current land use is at R40, which allows the option of long-stay accommodation if desired. And this is the real opportunity. With a well-run business already established, it could be possible to hold this property with a free carry until you are ready to take the next step.

Key Business Statistics
. Current occupancy rate is 80% across the varied accommodation styles available, leaving Albany Holiday Units well-positioned within Albany’s short-stay market.
. All units have achieved high rankings on popular sites including: Booking.com - 9.1, Hotels.com - 4.5 out of 5 and TripAdvisor - 93%. Rated in the top 3% for customer service by Hotels Combined.

All the units, ranging from studio to a 3x1 layouts have parking and two include wheelchair access. Additional guest or visitor parking is also available. The property has a laundromat, covered guest BBQ areas, gazebo and workshop.

It will be sold on a turn-key basis with all fittings, fixtures and unit furnishings, appliances and equipment included.

For further information, please contact Jeremy Stevenson, of Connection Realty on 0427 183 688.