Lennox Head, New South Wales
Acquire a Premier MR Business - Modern Facilities and Consistent High Occupancy | Resort Brokers ID : MR008561
$5,380,000
Business Description
ResortBrokers introduces the Lennox Beach Resort, a sea change business opportunity in Lennox Head. With a strong Body Corporate remuneration of over $117k and a net profit of approximately $863k, this resort-style complex is a significant player in the holiday letting market. The manager's unit is a renovated three-bedroom residence with an office, offering a comfortable living and working environment. Located just 100 metres from Lennox headland and surf beach, the resort offers a variety of well-appointed self-catering apartments and upgraded facilities, making it an ideal business opportunity.
- Impressive Body Corporate Remuneration exceeding $117k
- Astounding Net Profit around $863k
- Manager's unit featuring 3 bedrooms, 3 bathrooms, office, reception and back office recently renovated
- Flexible operation with no set office hours
- Prime location just 100 metres from Lennox headland and surf beach
- One of the largest accommodation providers in Lennox Head, accommodating up to 184 people
- Offering a variety of well-appointed one, two and three-bedroom self-catering apartments
- Resort facilities recently upgraded, including heated lap pool, lagoon pool, jacuzzi, steam room, pickleball court and barbecue facilities
- Inspections by appointment only
Date updated: 16 Mar 2025 22:00:06
Business Summary
Business Snapshot
Price: $5,380,000
Net Profit: $791,806 Remuneration / Body Corp Salary: $117,086
Managers Unit
Value of Managers Apartment: $1,200,000Bedrooms: 3Bathrooms: 3Office: On TitleComplex Information
Complex Type: Resort / HolidayTotal Units in Complex: 41Total Units in Letting Pool: 39Agreement Term Remaining: 10 years