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: No

Complex 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
Marketing Agent

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.
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