Bogangar, New South Wales

ESTABLISHED BUSINESS-ONLY MANAGEMENT RIGHTS IN COASTAL NSW | Resort Brokers ID : MRB008288

$205,000

Business Description

ResortBrokers brings to the market the Management Rights of Reef Villas East & South, a perfect add-on investment opportunity for a local operator to grow their portfolio or for a first-timer to the industry given its ease of operation, flexible options and minimal duties.

Spread across two boutique complexes each with its own resort-style pool, barbecue and alfresco entertaining areas, the complex is set amongst manicured gardens and secure gated buildings.

The current owners have built strong relationships amongst the committees of each complex and have excellent systems in place, with all the equipment required for an immediate start to take over this fantastic business backed by a Body Corporate Salary of $68,062, hurry to secure.

- Caretaking, business only
- Easy to manage workload / responsibilities for one person
- Storage area for cleaning and gardening equipment
- Flexibility with no requirement to reside onsite or own a lot
- No fixed office hours
- Agreements topped up to 10 years upon sale
- Further upside with CPI increases to the income
- Inspection by appointment only
Date updated: 12 Jun 2024 23:00:03

Business Summary

Business Snapshot

Price: $205,000 Remuneration / Body Corp Salary: $67,792

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 31Total Units in Letting Pool: 9Owner Occupy Units: 18Outside Agent Units: 4Agreement Term Remaining: 7 years
Marketing Agent
Listing location
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