Vic Far Country REGION
A Victorian Coastal Dream Property – ID 9136
$2,100,000
Business Description
Victorian Management Rights for Sale
Work And Play in One of Victoria’s Premier Locations
- Strategically located between two of Australia’s top 25 golf courses
- A total of 37 well-appointed units, plus the owners 2-bedroom unit (available for sale separately)
- Offering high quality facilities – conference room, restaurant & bar, resort style swimming pool, well equipped fitness centre, ample car parking, tennis court, day spa, childrens playground, guest laundry and parking
- High net profit, steady income and long-term lease in place
Contact the Exclusive agents – Andrew Cronin at Tourism Brokers
Net Profit: $469,616 for 21/22
Total Asking Price: $2,100,000
For further information or to arrange an inspection of this management rights business for sale contact:
Exclusive Management Rights Broker
Andrew Cronin
Property Code: 841
Business Summary
Business Snapshot
Price: $2,100,000
Net Profit: $470,823 Remuneration / Body Corp Salary: $62,368
Managers Unit
Bedrooms: 2Bathrooms: 1Car Spaces: 1Pets OK: NoComplex Information
Complex Type: HolidayTotal Units in Complex: 38Total Units in Letting Pool: 31Owner Occupy Units: 7Agreement Term: 25 yearsAgreement Term Remaining: 13 yearsPool: YesGym: YesTennis Court: YesBBQ Area: YesWIFI: Yes
Key Investment Insights
Key Insights:
1. Strategic Location: The property is located in one of Victoria's premier locations, making it an attractive destination for tourists and potential buyers.
2. Proximity to Top Golf Courses: The property is strategically situated between two of Australia's top 25 golf courses, making it an ideal accommodation choice for golf enthusiasts.
3. Well-Appointed Units: The property offers a total of 37 well-appointed units, providing guests with a comfortable and enjoyable stay.
4. High-Quality Facilities: The property boasts high-quality facilities such as a conference room, restaurant and bar, resort-style swimming pool, fitness centre, tennis court, day spa, children's playground, guest laundry, and ample parking.
5. Steady Income: The property has a high net profit and steady income, making it a desirable investment opportunity.
6. Long-Term Lease: The property has a long-term lease in place, providing stability and security for potential buyers.
7. Manager's Unit: The property includes a 2-bedroom manager's unit, which is available for sale separately.
8. Experienced Management Rights Broker: The sale of the property is being handled by Andrew Cronin, an exclusive management rights broker with expertise in this type of business.
9. Net Profit and Asking Price: The property has a net profit of $469,616 for the 2021-2022 financial year and an asking price of $2,100,000.
10. Additional Information: Interested buyers can contact Andrew Cronin for further information or to arrange an inspection of the property.
