| Lincoln Downs Resort and Spa Motel is one of the better quality properties in Batemans Bay, NSW. With ample land and a private lake, the property attracts tourism, transit and corporate guests. |
Batemans Bay is known as “Canberra’s beach” being the closest to the city. Only 3.5 hours south of Sydney and located on a beautiful river and beach, Batemans Bay has been a consistent performer over many years. The development of the Prince’s Highway has made travel times far quicker for Sydneysiders and with further improvements already underway, it is expected that this town will continue to grow and perform well.
Lincoln Downs is a recently renovated property that includes quality finishes and a rare resort feeling. With a private lake, quiet location and being one of the best properties in town, it is proving popular with regular travellers. Operationally Mandala have identified some ways to improve financial performance within a quick timeframe.
TARHF have purchased the property for its growth potential and strong cashflows; especially over the summer period. The property will contribute to the portfolio by providing a coastal property with strong summer cashflows, capital growth and income returns.
