Merimbula, New South Wales

Significant Price Reduction - ID 7827

$1,899,999

Business Description

NSW Management Rights For Sale
The Gem of the South Coast



- This is a Management Rights business NOT freehold property for sale

- A NSW Real Estate License is necessary to operate this business – ask me how to achieve this

- Boutique waterfront apartment complex of 21

- Low maintenance grounds, heated saltwater pool and communal BBQ area

- No onsite owners – all apartments in your short-term rental pool

- Large 2 bedroom, 2 bath managers apartment

- On title for the manager and income producing, separate studio apartment

- Supportive committee and owners

- New 10 year agreement

- Stable business through Covid and beyond

- This would suit a couple looking for a lifestyle change, working from home and enjoying the fruits of your labour

This has to be one of the easiest to run accommodation business models. Many repeat guests, no set hours of operation and all apartments under your control. This waterfront complex on NSW South Coast offers new managers an enviable work /lifestyle balance. Easy to maintain and easy to operate. Full onsite training and assistance in gaining your license available to successful new owners. With flights now direct from Sydney & Melbourne, tourism is going to remain strong for many years to come. Call now to secure your new piece of paradise and be in, fully trained and earning money before Summer!

Real Estate Independently evaluated between $1.25M and $1.35M in 2024.

Net Profit: $330,000
Reduced Asking Price: $1,899,999
(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: 481

Business Summary

Business Snapshot

Price: $1,899,999 Net Profit: $330,000 Remuneration / Body Corp Salary: $54,428Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,170,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On Title
The apartment offers a couple a great place to call home. Comprising of a large kitchen, open plan lounge/ dining area, two bedrooms, master with ensuite, built-in robes, main bathroom with spa bath and separate laundry. It is equipped with air conditioning, security, carpets and tiles with stunning ocean views. The residence is within the complex and has direct access to reception. Outside it features a 40m² balcony and a single parking space in the secure underground car park. Total of approx. 240m². Pets are permitted within the residence. Also on title and income producing, is a separate studio apartment which comprises of an open plan living/kitchenette/bedroom area, bathroom and patio.

Complex Information

Complex Type: HolidayTotal Units in Complex: 21Total Units in Letting Pool: 21Agreement Term: 10 yearsAgreement Term Remaining: 10 yearsPool: YesBBQ Area: YesPay TV: YesWIFI: Yes
Marketing Agent

Key Investment Insights

- Management Rights business for sale, not freehold property
- NSW Real Estate License is required to operate the business
- Boutique waterfront apartment complex with 21 units
- Low maintenance grounds, heated saltwater pool, and communal BBQ area
- All apartments in short-term rental pool, no onsite owners
- Large 2 bedroom, 2 bath managers apartment
- Income-producing separate studio apartment on title for manager
- Supportive committee and owners
- New 10-year agreement
- Stable business through COVID and beyond
- Ideal for a couple seeking a lifestyle change and working from home
- Easy to maintain and operate with no set hours
- Full onsite training and assistance in obtaining license available
- Direct flights from Sydney and Melbourne, ensuring strong tourism for years to come
- Real estate independently evaluated between $1.25M and $1.35M in 2024
- Net profit of $330,000
- Reduced asking price of $1,899,999 (includes manager's real estate)
- Manager's apartment valued at $1,170,000
- 2 bedrooms, 2 bathrooms, 1 car space, and an office on title
- Apartment equipped with air conditioning, security, and stunning ocean views
- Pets allowed in the residence
- Complex type is holiday accommodation
- All 21 units in the complex are in the letting pool
- 10-year agreement with 10 years remaining
- Amenities include a pool, BBQ area, pay TV, and WIFI.

Management Rights Multiplier: 2.21
ROI Estimate: 45.21%

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