Byron Bay, New South Wales
QUINTESSENTIAL BYRON BAY - MANAGEMENT RIGHTS DELIVERING SOLID ROI WITH UPSIDE | Resort Brokers ID : MR008613
$2,680,000
Business Description
ResortBrokers brings to market an exceptional chance to secure a premium Management Rights, the Oasis Apartments & Treetop Houses, in one of Australia’s top tier holiday destinations - Byron Bay, delivering solid ROI.
With the added benefit of being 365-day STRA exempt, this is an excellent opportunity for a couple to run a lucrative, well-established management rights and letting business comprised of 22 diverse properties in letting pool with potential for growth.
Consistent income and manageable caretaking duties supported by a proactive Body Corporate who pays for the gardens to be maintained this would be highly suited for newcomers to the industry with trained staff and all systems in place.
Buyers should be quick to consider, and tap into Byron Bay’s unbeatable appeal with a first-rate property and letting business.
- 365 day STRA exempt
- Portfolio of 22 diverse properties in letting pool with potential for growth
- Additional income stream via external management services $32kpa
- Prime location just a stone's throw from Byron Bay's bustling centre
- Proximity to the renowned surf beach and pristine unspoiled coastline
- Tastefully renovated, manager's unit with modern amentities, a private balcony and a courtyard
- Office/reception complete with kitchenette, bathroom and balcony
- Ideal opportunity for newcomers, with trained staff and established systems
- Inspections are by appointment only
Date updated: 20 Apr 2025 23:00:06
Business Summary
Business Snapshot
Price: $2,680,000
Net Profit: $425,615 Remuneration / Body Corp Salary: $74,671
Managers Unit
Value of Managers Apartment: $1,100,000Bedrooms: 2Bathrooms: 2Complex Information
Complex Type: Resort / HolidayTotal Units in Complex: 34Total Units in Letting Pool: 22Owner Occupy Units: 8Outside Agent Units: 3Agreement Term Remaining: 14 years