Cabarita Beach, New South Wales

Exclusive - Beachfront at Australia’s No.1 Beach 2020 - ID 7997

$1,750,000

Business Description

Mixed Management Rights For Sale

Accommodation Business

Ideally located midway between the Coolangatta International Airport & Byron Bay is this beachside accommodation business awaiting new owners. With all the structures in place to ensure a smooth changeover this business is ideal for first time accommodation operators or an experienced couple looking to maximise their seaside lifestyle.

Main features include:

- Renovated ground floor 2 bed managers apartment with 2 balconies

- Onsite - low maintenance grounds, gardens, pool & BBQ

- 11 onsite holiday rental properties & 4 permanently rented units

- Opposite your choice of 3 beaches

- Leisurely walk to restaurants, shops etc

- 7 mins drive to new Tweed Coast Hospital & specialist medical centre

- 13 offsite holiday rental properties - all within 10 mins drive

- Over 30% return on investment for business

The Tweed Coast is seeing both increased tourism numbers and capital growth outstripping the Gold Coast. On offer is a fantastic business model opposite the beach with further growth potential. Whilst the income onsite in the building is good, adding the externally let holiday properties make this a very enticing business with a fantastic return on investment. The main clientele are couples on short drive weekend getaways and families on holidays. Call now as beachside lifestyles like this are hard to find!

Net Profit: $301,563
Asking Price: $1 755 000

For further information or to arrange an inspection of this NSW business opportunity contact:

Exclusive Management Rights Broker
Tony Johnson

Property Code: 734

Business Summary

Managers Unit

Complex Information

Marketing Agent

Key Investment Insights

Key insights for this business for sale listing include:

1. Prime location: The business is situated in an ideal location between the Coolangatta International Airport and Byron Bay, two popular tourist destinations in Australia.

2. Smooth changeover: The business has all the necessary structures in place to ensure a smooth changeover for new owners, making it ideal for first-time accommodation operators or experienced couples.

3. Renovated apartment: The ground floor 2-bedroom manager's apartment has been recently renovated and features two balconies.

4. Low maintenance: The onsite grounds, gardens, pool, and BBQ area require low maintenance, making it easy for owners to manage.

5. Multiple rental properties: The business includes 11 onsite holiday rental properties and 4 permanently rented units, as well as 13 offsite holiday rental properties within a 10-minute drive.

6. Beachfront location: The business is located directly opposite three beaches, making it a popular choice for tourists.

7. Proximity to amenities: The business is within walking distance to restaurants, shops, and other amenities, making it convenient for guests.

8. Growth potential: The Tweed Coast is experiencing increased tourism numbers and capital growth, providing potential for further growth of the business.

9. High return on investment: With over 30% return on investment, this business offers a fantastic opportunity for a profitable investment.

10. Target market: The main clientele for the business are couples on short drive weekend getaways and families on holidays.

11. Net profit: The business has a net profit of $301,563, making it a lucrative investment opportunity.

12. Asking price: The asking price for the business is $1,755,000, making it a valuable investment for potential buyers.

13. Experienced broker: The business is being marketed by an exclusive management rights broker, providing buyers with professional assistance and guidance throughout the purchasing process.
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