Property ID: 1P0304

57 Cyrus Street Hyams Beach NSW

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  • 1
  • 1
  • 1
  • House
  • For Sale
  • 295 sqm
  • 1
  • $2,122.97 Per Year
Fantastic income and 295m2 of prime Hyams Beach land!
Hyams Beach is a stunning enclave on the South Coast of NSW - enjoying strong property prices, year round holiday rental income, "the whitest sand in the world", and three beautiful beaches with direct access to the safe waters of Jervis Bay.

Minke Whalers Cottage - an iconic property right in the heart of the village - is being offered on the open market for the first time in 20 years!

It is a stunning, fully renovated and spacious cottage. It was built in 1926 by Mr Francis Langridge who walked from Melbourne with his family looking for work. It was built from local hardwood cut on site (and still in place), and is one of only two historic whalers cottages on Cyrus Street.

Featuring water views from the private rear deck and front veranda, Minke currently operates as a successful 5 star rated accommodation business, achieving average gross booking revenue over the last five years of between $80,000 - 90,000 (average, per year). The business will be sold as a going concern including all major furnishings & white goods.

For its character and prime location, it has a generous Torrens tile land parcel of 295m2 - offering numerous development / extension options. A section of the driveway leading from Cyrus St and the visitor space are community land.

Minke Cottage is featured on all premium accommodation websites, and all listings could transfer to a new buyer.

As noted above, the land size is a generous 295m2, with a lawn area, a grove of mature plants and a parking space on title. The land has residential zoning and council rates are $2,122.97 per annum. The land tax value is $953,000 - below the current NSW threshold of $969,000.

Inspection is by appointment only. Please contact Craig McIntosh on 0455 544 228.
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