Old Bar, New South Wales

Discover a Rare Lifestyle Opportunity and Unique Offering - ID 8781

$2,053,000

Business Description

New South Wales Holiday Management Rights For Sale
Set on 100m of Private Absolute Surf Beachfront - a World Class Experience!

- Scalable Business: Expand your investment with 27 out of 41 units already in the letting pool, and unlimited growth potential.

- Efficient Management: Experience a solid and reliable business supported by efficient management systems for seamless operations.

- Strong Agreements: Benefit from modern, secure caretaking and letting agreements that provide stability and peace of mind.

- Proactive Owners: Enjoy the dedication of proud and proactive unit owners who invest in continuous apartment renovations, ensuring a top-notch experience.

- Resort-style Facilities: Indulge in world-class resort-style facilities, including a solar heated pool, recreation room, and more.

- Renovated Residence: Immerse yourself in luxury with a beautifully appointed, fully renovated managers' real estate and office.

- Great Returns: Maximize your investment with solid and reliable financial figures that guarantee impressive returns.

- Modern Apartments: Relish the comfort and convenience of spacious, well-equipped modern apartments in the picturesque Old Bar.

- Rare Opportunity: Seize the chance to own an exceptionally rare lifestyle opportunity, boasting private surf beachfront and unmatched exclusivity.

Old Bar is a charming coastal town nestled on the Mid-North Coast of New South Wales. With its unspoilt beaches, extensive waterways, and a vibrant village atmosphere, Old Bar offers a perfect blend of natural beauty and convenient amenities for an unforgettable coastal experience.

Don't miss out on this incredible opportunity to own and operate a thriving management rights business in the enchanting coastal town of Old Bar. Take the leap and make your mark in the management rights industry with this exceptional business. Contact us now to secure your future in this thriving coastal paradise.

Net Profit: 365,000 (3-year average)
Asking Price: $2,053,000
(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
Michael Philpott

Property Code: 807

Business Summary

Business Snapshot

Price: $2,053,000 Net Profit: $365,000 Remuneration / Body Corp Salary: $144,445

Managers Unit

Value of Managers Apartment: $520,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Pets OK: No
Comfortable residence with two well appointed bedrooms, Two modern bathrooms, High degree of privacy, Air conditioning, Single car accommodation

Complex Information

Complex Type: HolidayTotal Units in Complex: 41Total Units in Letting Pool: 27Owner Occupy Units: 2Outside Agent Units: 8Lockup Units: 2Manager Units: 1Agreement Term: 10 yearsAgreement Term Remaining: 7 yearsPool: YesSpa: YesGames Room: YesBBQ Area: Yes
Marketing Agent
Michael Philpott
Michael Philpott

Key Investment Insights

- Scalable business with potential for growth through increasing the number of units in the letting pool
- Efficient management systems in place for seamless operations
- Secure and modern caretaking and letting agreements
- Proactive unit owners who invest in continuous renovations for a top-notch experience
- World-class resort-style facilities, including a solar heated pool and recreation room
- Luxurious and fully renovated managers' residence and office
- Solid and reliable financial figures with impressive returns
- Spacious and well-equipped modern apartments in a picturesque location
- Rare opportunity to own a lifestyle business with private surf beachfront and exclusivity
- Located in the charming coastal town of Old Bar with unspoilt beaches and convenient amenities.

Management Rights Multiplier: 4.20
ROI Estimate: 23.81%

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