Nelson Bay, New South Wales
Acquire a Thriving Management Rights Business Just 2.5 Hours from Sydney! | Resort Brokers ID : MR008419
$4,500,000
Business Description
ResortBrokers introduces the Mantra Nelson Bay, a stylish holiday resort just 2.5hrs from Sydney. With 94 of 110 self-contained apartments in the letting pool, this property promises excellent control and robust returns. The resort features a 25m pool, spa, barbeque area, gymnasium, and conference facilities. The existing Accor franchise partnership ensures a steady stream of loyal guests. This is an ideal investment for a consortium or operator seeking healthy returns in the booming holiday destination of Nelson Bay.
- A strong, established business ideal for an experienced operator or consortium seeking a healthy $915k net profit.
- Boasts 110 diverse self-contained apartments, including two and three-bedroom units and penthouses, with 94 in the letting pool.
- Includes a manager's apartment and a conveniently located office/reception area on title.
- A well-established team onsite delivering exceptional service to support a fluid ownership change.
- Features a range of appealing facilities, including a 25m swimming pool, spa, barbeque area, gymnasium, and conference and meeting facilities.
- The ever-growing tourism powerhouse of Nelson Bay flourishes in strong visitation
Date updated: 10 Oct 2024 13:46:29
Business Summary
Business Snapshot
Price: $4,500,000
Net Profit: $914,909 Remuneration / Body Corp Salary: $170,376
Managers Unit
Value of Managers Apartment: $650,000Bedrooms: 3Bathrooms: 2Office: On TitleComplex Information
Complex Type: Resort / HolidayTotal Units in Complex: 110Total Units in Letting Pool: 94Owner Occupy Units: 5Lockup Units: 10Agreement Term Remaining: 4 years