35 Jarive Road, Cringila

EXECUTIVE PROPERTY PROFILE

Bellevue Guest House business and investment opportunity

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CRINGILA 35 Jarvie Road

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Opposite bushland of John Crehan Park

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WELCOME

ABOUT THE AGENT

On behalf of the owners and MMJ Real Estate, we would like to welcome you to our listing at 35 Jarvie Road, Cringila

VICTOR SHALALA victor.shalala@mmj.com.au 0421 307 664

ANGELA SHALALA This is an immaculate and easy-to-run profitable business so, either be hands on or oversee remotely.

angela.shalala@mmj.com.au 0432 314 164

MMJ REAL ESTATE

The following information memorandum shows you additional details about the home.

6-8 Regent Street Wollongong, NSW 02 4229 5555

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“Honest & Professional Right from the beginning we had all faith that we had chosen the right people to sell our home in Kanahooka. Victor provided an honest but well researched appraisal.We would have no hesitation in recommending Victor & Angela to any prospective vendor particularly if you are wanting a true honest professional who can sell a home in any market.”

Nicole.H

© MMJ Real Estate All care has been taken when preparing this document. Refer to disclaimer on last page.

© MMJ Real Estate © MMJ Real Estate

ABOUT THE PROPERTY 14

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35 Jarvie Road CRINGILA, NSW Property Title & Zone Lot 26 Deposited Plan 16520 R2 Low Density Residential Zone Property Area Internal External Laundry Land Size

280m² 46m2 15m2 443m²

Outgoings Council Rates Water Rates Business Park Insurance Electricity Gas

$2,563.08 per annum $733.92 per annum $2,776.00 per annum $1,405.52 per annum $644.00 per annum

Income Profit & Loss Statements Gross Income 2018 $150,879 2019 $163,292

*All financials were supplied by the owner. All measurements and figures are approx. only All care has been taken when preparing this document. Refer to disclaimer on last page.

Bellevue Guest House—business and investment opportunity The current owners took over this well-known establishment more than thirteen years ago, moving in and living onsite to bring to reality their vision of a well-run, respectable Guest House.

Dedicated to the physical wellbeing of the property they wasted no time in meticulously improving the Guest House throughout. This including re-waterproofing and tiling bathrooms, renovating kitchen and storage areas, re-flooring and painting throughout, and finishing all the rooms with consistent furnishings.

Of equal or greater importance, this committed couple implemented very strict guest behavior rules and guidelines to make Bellevue Guest House a place people would be proud to call home.

Now that their dream is a reality it is time for them to move on and enjoy retirement.

Guest House details include: • Single rooms bringing $195/week; doubles returning $205/week; secure payments coming directly from Government agencies.

• 13 rooms; recently renovated kitchen with chef’s oven; 2 internal common bathrooms; combined diningliving area; undercover outside BBQ area, laundry and two extra toilets.

• Under part-time Management—duties include: • Interviewing and orientation of new guests • Preparing meals 5 days a week • Daily cleaning of common areas • Weekly cleaning and inspection of all rooms • Carrying out maintenance and repairs.

• Onsite Manager resides in Manager’s Quarters; responsible for daily duties and maintaining cleanliness and behavioral standards.

• Situated on high side of Jarvie Road; opposite bushland of John Crehan Park with views to escarpment.

The entire property, down to each occupied room, is maintained to the highest level of cleanliness and occupants follow strict guidelines for behavior.

Every room is inspected and cleaned every Monday!

Given the care that goes into making Bellevue Guest House their home, the occupants are happy living here and most stay for up to two years—some even longer—enjoying the lifestyle.

This is an immaculate and easy-to-run profitable business so, either be hands on or oversee remotely.

We look forward to a conversation today.

© MMJ Real Estate All care has been taken when preparing this document. Refer to disclaimer on last page.

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This document has been prepared by MMJ Residential Sales Pty Ltd for general information only. Information contained within this document has been supplied to us from a third party and we presume it is correct at time of printing. MMJ Residential Sales Pty Ltd does not warrant or represent that the information in this document is free from errors or omissions. We recommend that any purchaser/s, completes their own research and confirm the information in this document is accurate. We remind all prospective buyers that they will be bound by the contract of sale and not the information supplied in this document.

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SYDNEY WOLLONGONG