Old Bar, New South Wales

Absolute Beachfront North Coast Resort with No Direct Competitors - 1P1030MR

Management Rights $1,795,000

Property Description

EXCLUSIVE TO CRE BROKERS

When you are thinking about the ultimate lifestyle that goes with operating a beachside resort, working fantastic hours and achieving a great income, you must consider this business opportunity.

3.5 acres with 100 metres of absolute beachfront and no direct competitors, positions this Resort amongst one of the best Management Rights businesses for sale in Australia.

TOTAL NUMBER OF UNITS : 41
UNITS IN LETTING POOL : 31
MANAGER'S RESIDENCE : 2 Bedroom Fully Renovated 2015

REAL ESTATE PRICE : $355,000
BUSINESS PRICE: $1,440,000
TOTAL ASKING PRICE : $1,795,000

Property Summary

Business Snapshot

Price: Management Rights $1,795,000 Net Profit: $360,000 Remuneration / Body Corp Salary: $129,000

Managers Unit

Value of Managers Apartment: $355,000Bedrooms: 2Car Spaces: 1Office: On Title

Complex Information

Complex Type: HolidayTotal Units in Complex: 41Total Units in Letting Pool: 31Holiday Units: 31Owner Occupy Units: 1Outside Agent Units: 4Lockup Units: 4Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 10 yearsPool: YesSpa: YesGames Room: YesPay TV: YesWIFI: YesFunction Facilities: Yes

Other Features / Notes

A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS, C:NSW - Central Coast/Hunter, C:NSW - North Coast
Marketing Agent
Darren Leaney
Darren Leaney

Listing location
Gallery

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