Boomerang Beach, New South Wales
AN OPPORTUNITY OF A LIFETIME, LIVE BEACHSIDE AND EARN AN EARLY RETIREMENT | Resort Brokers ID : MR008020
$3,004,000
Business Description
Moby’s Beachside retreat is a genuine lifestyle opportunity if you are interested in earning a very generous income and being in control of your time. Operating this prestigious resort located on the Mid-North Coast of NSW is a huge chance for you to realise your own potential. This management rights offers the owner flexibility in operation and would be suited to a couple or family wanting to break free from the daily grind.
Enquire now to secure your chance
- No set office hours and no requirement to live onsite
- 65 units, (out of a possible 75) in the letting pool
- Security of tenure is guaranteed by a maximum 10-year agreement in place
- Verified average Net profit of $552K+ includes a solid $169K+ caretaking salary
- Established operation with over 14 years of successful management by current owners
- Profitable investment offering circa. 18% yield, inclusive of a real estate purchase
- Reliable, long-term staff ensuring smooth operations
- Opportunity to expand the already strong letting pool
- Solid 8.4/10 onBooking.comand 4/5 on Trip advisor
- Inspections are by appointment only
Date updated: 01 Dec 2024 22:00:05
Business Summary
Business Snapshot
Price: $3,004,000
Net Profit: $596,319 Remuneration / Body Corp Salary: $164,580
Managers Unit
Value of Managers Apartment: $736,000Bedrooms: 3Bathrooms: 2Office: On TitleComplex Information
Complex Type: Resort / HolidayTotal Units in Complex: 75Total Units in Letting Pool: 65Outside Agent Units: 5Lockup Units: 5Agreement Term Remaining: 10 years