11024MR - Modern Stylish North Coast NSW Beachside Resort with 3.07 Multiple

Key Investment Insights

1. The business for sale is a modern and stylish beachside resort in North Coast NSW.
2. The resort has a prime location, within walking distance to the beach and town centre.
3. The complex consists of 21 spacious self-contained one and two bedroom apartments, as well as a two storey private two bedroom villa.
4. 16 of the apartments are currently in the letting pool, with room for growth.
5. The complex also features a large heated saltwater pool, barbeque area, and secure basement parking.
6. The resort is currently managed by a single operator.
7. Opportunities like this in Byron Bay are rare.
8. The net profit for the 12 months ending February 2014 was $162,606.
9. Interested parties can contact Mike Huddlestone from Tourism Brokers for more information or to arrange an inspection.
10. The property ID for the resort is 11024MR.
11. The complex also includes a two bedroom open plan manager's residence.
12. The complex information and features can be found on the Property Code 334.
13. The resort offers a desirable lifestyle and business opportunity in a popular tourist destination.
14. The location and amenities of the resort make it attractive to both tourists and potential buyers.
15. The current single operator management presents potential for growth and increased profits with a larger team.
16. The resort's prime location and modern design make it a highly sought-after property in the Byron Bay area.
17. The resort's large heated saltwater pool and barbeque area offer guests a luxurious and relaxing experience.
18. The secure basement parking adds convenience and safety for guests.
19. The spacious and self-contained apartments provide a comfortable and convenient stay for guests.
20. The two storey private villa adds a touch of luxury and exclusivity to the resort's offerings.