Coffs Harbour, New South Wales

Beachside Holiday Complex - ID 7821

$1,200,000

Business Description

NSW Management Rights For Sale
Family Friendly Business in Coastal Town

- ACT now before Xmas as the long term vendors are keen to retire ASAP

- Popular holiday complex close to food and entertainment options

- 14/21 in the holiday rental pool

- Huge family sized residence with wrap around courtyard

- Extra studio apartment on title

- Loads of storage and small workshop

- Great pool & BBQ pavilion onsite for guests

- 5 mins drive to Park Beach Plaza shopping centre

- Good schools, university, sporting and lifestyle interests for all the family

- Good upside for motivated new operators

If you are looking for a seachange and want a great place to raise the family then look no further.

This easy to operate holiday management rights business has huge potential to improve profits whilst enjoying all that living at the beach offers. Coffs Harbour is a very liveable city half way. Between Sydney & Brisbane with an airport, good education and sporting options for all ages. The current elderly, long term owners of the business are keen to retire and have priced the property to sell before Xmas.

Call now to secure your new beachside home

Net Profit: $123,284
Asking Price: $1,200,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this NSW Management Rights business for sale contact:

Management Rights Broker
Tony Johnson

Property Code: 480

Business Summary

Business Snapshot

Price: $1,200,000 Net Profit: $123,284 Remuneration / Body Corp Salary: $62,821

Managers Unit

Bedrooms: 2Bathrooms: 2Car Spaces: 1
Very large manager's residence, Located at the front of the building overlooking the beachfront parklands, Massive loungeroom and separate dining room, back study or office, central kitchen with open plan living area, sunroom, powder room, laundry, linen room and 3rd living area, Massive private courtyard that has side gate access for extra vehicles, Also attached is a fully self contained 1 bedroom with it's own separate entrance - this could be added to the holiday letting pool.

Complex Information

Complex Type: HolidayTotal Units in Complex: 21Total Units in Letting Pool: 15Owner Occupy Units: 1Outside Agent Units: 5Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 8 yearsPool: YesSpa: YesBBQ Area: Yes
Marketing Agent

Key Investment Insights

1. The business is a popular holiday complex located in a coastal town with a family-friendly atmosphere.
2. The current owners are looking to retire and have priced the property to sell before Christmas.
3. The complex has 14 out of 21 units in the holiday rental pool, indicating a high demand for holiday rentals in the area.
4. The manager's residence is a large family-sized home with a wrap-around courtyard, providing ample space for a family to live comfortably.
5. There is an additional studio apartment included in the sale, providing potential for additional income.
6. The complex has a great pool and BBQ pavilion for guests to enjoy.
7. The location is convenient, with close proximity to food, entertainment, and shopping options.
8. Coffs Harbour is a liveable city with an airport, good education and sporting options, making it an attractive location for families.
9. There is potential for increased profits for motivated new operators.
10. The asking price of $1,200,000 includes the manager's real estate, making it a good investment opportunity.
11. The business has a net profit of $123,284, indicating a profitable and stable operation.
12. The complex has a manager's unit with one car space and there are two manager units in total.
13. The complex has a pool for guests to enjoy.
Listing location

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