Merimbula, New South Wales

WATERFRONT COMPLEX OFFERING A TRUE LIFESTYLE BUSINESS | Resort Brokers ID : MR008590

$1,450,000

Business Description

ResortBrokers is thrilled to present the management rights and associated real estate of Merimbula Lake Apartments, a profitable business located in a well-established tourist destination. This exceptional opportunity includes management of a modern, 11-unit complex, with nine units currently in the letting pool. The property is zoned exclusively for short-term holiday accommodation, offering flexibility with a mix of one-bedroom and two-bedroom options, as well as a beautifully renovated, three-bedroom manager’s residence.

Situated directly across from Merimbula Lake, every unit boasts stunning lake views and convenient access to local cafes, restaurants, and attractions. New 10-year management agreements commencing in 2024, provide excellent income stability. Merimbula Lake Apartments seamlessly combines location, profitability, and lifestyle, making it a desirable investment opportunity

- No requirement to reside onsite with full real estate licence
- New 10 year agreement as of 2024
- Directly across the road from the lake
- Walking distance from many cafes and restaurants
- Manager's unit currently earning solid income
- Strictly zoned as short-term holiday accommodation
- Three bedroom, two bathroom open plan completely renovated apartment with own private enclosed courtyard
- Inspections are strictly by appointment only
Date updated: 20 Apr 2025 23:00:05