Bogangar, New South Wales

CARETAKING-ONLY + $108K SALARY + 'OPTION' TO PURCHASE 3-BED UNIT | Resort Brokers ID : MRC008160

$350,000

Business Description

This unique offering is a testament to the strength of the local market, with its prime location and flexible options making it a standout investment.

Reef Villas is made up of 50 units, across three boutique complexes, each with manageable resort style facilities and ample lock up storage areas adding to the convenience and functionality for the incoming operator. It is impeccably maintained by the current owners who have also built strong relationships with the committees, allowing for an easy transition.

Whilst this is being offered as caretaking-only, there is an option to purchase a large 3-bedroom, 2.5-bathroom unit with study and DLUG valued circa $1.1mil, so buyers have the option of buying the Manager's lot to reside on site or choose to buy it as a "business only" opportunity.

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Caretaking-only business

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Incredible caretakers salary $108k (+gst)

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Easily managed complex with freedom of office hours

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Office on title + three storage spaces for equipment

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Option to purchase a fantastic unit

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Security-gated Villas with manicured grounds

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Stroll to the famous Cabarita patrolled surf beach

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Agreements topped up to 10 years upon sale

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Located close to shops and backing onto a canal

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Inspection by appointment only

Date updated: 12 May 2024 23:00:17

Business Summary