Forster, New South Wales

Iconic Beachfront Holiday Management Rights in Mid North Coast - ID 9118

Price on Application

Business Description

NSW Holiday Management Rights for Sale
Genuine Opportunity - All Offers Presented
Rare One In A Lifetime Location

Discover the ultimate sea-change opportunity with this beachside Management Rights now for sale. Embrace a thriving business and lifestyle nestled on Forster's picturesque Mid North Coast.

- Prime Location: Overlook Forster's Main Beach from this remarkable 10-story holiday accommodation property, just an hour from Port Macquarie and 3 hours from Sydney.

- Profitable Portfolio: 23 deluxe self-contained apartments with captivating ocean views and a solid letting pool of 20 units, ensuring control and profitability.

- Proven Returns: Enjoy consistent net profit and growth, supported by financials from a reputable industry accountant and strong management agreements backed by Body Corporate.

- Modern Manager's Residence: A contemporary 2-bedroom, 2.5-bath apartment with a sweeping wrap-around balcony and direct access to on-site facilities.

- Systemised & Low Workload: A very easy-to-run business with streamlined systems in place, ideal for experienced or first-time operators.

- Wealth Generation Opportunity: Excellent scope to build equity and income in a growing tourism hotspot.

- Fantastic Lifestyle: Live and work in a stunning coastal location with all the lifestyle benefits Forster has to offer.

- Best Business in Forster: Rarely available, highly regarded business in one of NSW’s most desirable beachside towns.

- Unmissable Investment: Capitalise on the surge in domestic tourism and secure your slice of Forster's thriving real estate market.

With its idyllic location between Sydney, Tamworth, and Port Macquarie, Forster offers a perfect blend of tranquility and convenience. Visitors and residents alike are drawn to its vibrant community, diverse dining scene, and array of water-based activities, including surfing, fishing, and dolphin watching.

Net Profit: $441,849 (31 January 2025)
Total Asking Price: Price on Application
(Inclusive of manager's real estate value at $1,000,000)

For further information or to arrange an inspection of this management rights business for sale contact:

Management Rights Broker
Michael Philpott

Property Code: 1030

Business Summary

Business Snapshot

Price: Price on Application Net Profit: $414,849

Managers Unit

Value of Managers Apartment: $1,000,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On Title

Two-bedroom, two-bathroom, ground level apartment with one car space.

Complex Information

Complex Type: HolidayTotal Units in Complex: 23Total Units in Letting Pool: 20Owner Occupy Units: 1Lockup Units: 1Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 10 yearsPool: YesSpa: YesGym: Yes

Marketing Agent

Michael Philpott

MR Sales

Key Investment Insights

1. Prime Location: The property is situated on Forster's Main Beach, offering stunning ocean views and easy access to the beach and surrounding amenities. It is also conveniently located within an hour's drive from Port Macquarie and 3 hours from Sydney, making it a desirable destination for tourists and residents alike.

2. Profitable Portfolio: The property boasts 23 deluxe self-contained apartments, all with captivating ocean views. With a solid letting pool of 20 units, the business ensures control and profitability for the owners.

3. Proven Returns: The business has a consistent net profit and has shown growth over the years. The financials are supported by a reputable industry accountant, and the management agreements are backed by the Body Corporate, providing stability and security for the owners.

4. Modern Manager's Residence: The on-site manager's residence is a contemporary 2-bedroom, 2.5-bathroom apartment with a sweeping wrap-around balcony and direct access to on-site facilities.

5. Systemised & Low Workload: The business has streamlined systems in place, making it easy to run and ideal for experienced or first-time operators. This low workload allows the owners to enjoy a good work-life balance.

6. Wealth Generation Opportunity: With a growing tourism market in Forster, there is excellent scope for the owners to build equity and income in the business.

7. Fantastic Lifestyle: Living and working in Forster offers a fantastic lifestyle with all the benefits of a coastal town. Residents can enjoy a vibrant community, diverse dining scene, and a range of water-based activities, including surfing, fishing, and dolphin watching.

8. Best Business in Forster: This highly regarded business is rarely available and is considered one of the best in Forster. Its prime location and strong returns make it a sought-after investment opportunity.

9. Unmissable Investment: With the surge in domestic tourism, this is a great opportunity to secure a slice of Forster's thriving real estate market and capitalize on its

Management Rights Multiplier: 3.95
ROI Estimate: 25.30%