Key Investment Insights
1. Opportunity to own a premier management rights business in the charming heart of Metung, Victoria.
2. Includes 10 motel rooms and 4 self-contained apartments with private courtyards and spas.
3. Features a two-bedroom manager's residence with open-plan living.
4. Prime lakeside location near Lake King and Bancroft Bay.
5. Secure a thriving accommodation business in a coastal haven.
6. 4-Star AAA rated management rights business.
7. Located in picturesque Metung, Victoria with the backdrop of Gippsland Lakes.
8. Net profit of $154,938.
9. Total asking price of $947,000, inclusive of manager's real estate.
10. Contact exclusive management rights broker Michael Philpott for further information or to arrange an inspection.
11. Manager's apartment valued at $575,000.
12. Complex is a holiday type with a total of 15 units, 14 of which are in the letting pool.
13. Agreement module is standard with a term of 10 years remaining.
14. Features an outdoor pool and entertainment area.
Management Rights Multiplier: 2.40
ROI Estimate: 41.65%