Coffs Harbour, New South Wales

BEACHSIDE LIFESTYLE BUSINESS ON THE POPULAR COFFS COAST - EXCELLENT NET PROFIT BEAUTIFUL LOCATION

$1,225,000

Business Description

Currently experiencing exponential growth in tourism and infrastructure projects, Coffs Harbour is one of the fastest growing and dynamic areas within NSW. As one of Australia’s most well known holiday destinations, Coffs Harbour provides an outstanding mix of opportunities for new investment and business expansion.

Perfectly positioned 100 metres from the popular Park Beach and close to the shopping precinct, clubs, restaurants and cafes Tradewinds Apartments is in the heart of the beautiful Coffs Coast. For anyone looking for a sea change the business offers the best of both worlds with a great net income and idyllic coastal lifestyle.

The building consists of a total of 30 apartments, 11 of which are in the letting pool. To compliment this great business is a ground floor 2-bedroom 1 bathroom unit with a lovely grassed courtyard perfect for entertaining.

Easy to operate and currently run by a husband and wife team all systems are in place for new owners to easily transition and start running this fantastic lifestyle business.

- Great Location

- Net Profit Circa $150,000

- High Growth Area

- Fantastic Lifestyle

Call now to inspect

Property Code: 1177

Business Summary

Business Snapshot

Price: $1,225,000 Body corp salary review: CPI Annually

Managers Unit

Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: Exclusive UsePets OK: Yes
ground floor 2-bedroom 1 bathroom unit with a lovely grassed courtyard perfect for entertaining

Complex Information

Complex Type: n/aTotal Units in Complex: 30Total Units in Letting Pool: 16Owner Occupy Units: 11Outside Agent Units: 3Agreement Module: AccommodationAgreement Term: 10 yearsAgreement Term Remaining: 8 yearsPool: YesBBQ Area: YesWIFI: Yes
Marketing Agent
Scott Saunders
Scott Saunders

Premier Business Sales

Premier Business Sales

Key Investment Insights

1. Prime location: The business is located just 100 metres from the popular Park Beach and close to the shopping precinct, clubs, restaurants and cafes, making it an attractive destination for tourists and locals alike.

2. Strong net profit: The business has a net profit of approximately $150,000, providing a solid return on investment for potential buyers.

3. High growth area: Coffs Harbour is currently experiencing exponential growth in tourism and infrastructure projects, making it an ideal location for new investment and business expansion.

4. Ideal lifestyle: The business offers the best of both worlds with a great net income and idyllic coastal lifestyle, making it an attractive opportunity for those looking for a sea change.

5. Easy to operate: The business is currently run by a husband and wife team and all systems are in place for new owners to easily transition and start running the business.

6. Diverse accommodation options: The building consists of a total of 30 apartments, 11 of which are in the letting pool, providing a variety of accommodation options for guests.

7. Manager's unit: The complex includes a ground floor 2-bedroom, 1 bathroom unit with a lovely grassed courtyard, perfect for entertaining.

8. Pet-friendly: The manager's unit and complex allow for pets, making it an attractive option for pet owners.

9. Well-maintained complex: The complex features a pool, BBQ area, and WIFI, providing guests with a comfortable and enjoyable stay.

10. Accommodation agreement: The complex operates under an accommodation agreement module with 8 years remaining, providing stability and security for the business.
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