19 Mitchell Street, Paynesville, Victoria

Absolute Waterfront Apartments - 1P6220

Management Rights $1,950,000

Business Description

CRE Brokers are proud to be appointed exclusive agents for Captains Cove Waterfront Apartments Management Rights opportunity in Paynesville VIC.

With a quiet location on the Paynesville canals, centrally positioned on the Gippsland Lakes (800m to Esplanade), the complex is made up of 15 three bedroom townhouse style apartments. The absolute waterfront apartments offer a special retreat, thoughtfully and stylishly designed throughout. On the ground floor is the living, kitchen, and deck areas overlooking the water, while upstairs, the master bedroom boasts a king bed and private balcony with stunning water views.

Resort facilities include indoor heated pool, tennis court, basketball ring, private jetties and boating and fishing facilities.

The 4 bedroom, 2 bathroom manager's residence is a spacious and modern townhouse with open plan living, newly renovated kitchen and private jetty.

Secure yourself a lifestyle with an attractive net profit and a brand new 25 years caretaking agreement. A well set up system for you to take over and reap the rewards.

Manager's Freehold Townhouse Price $800,000

Business Price $1,150,000

Total Asking Price $1,950,000

Business Summary

Complex Information

Other Features / Notes

A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS, C:VIC - Gippsland
Marketing Agent
Phil Mammolito
Phil Mammolito

Key Investment Insights

1. Exclusive agents for Captains Cove Waterfront Apartments Management Rights opportunity in Paynesville, VIC.
2. Quiet location on the Paynesville canals, centrally positioned on the Gippsland Lakes.
3. Complex consists of 15 three bedroom townhouse style apartments.
4. Absolute waterfront apartments with thoughtfully and stylishly designed interiors.
5. Ground floor living, kitchen, and deck areas overlooking the water.
6. Master bedroom with king bed and private balcony with stunning water views.
7. Resort facilities include indoor heated pool, tennis court, basketball ring, private jetties, and boating and fishing facilities.
8. 4 bedroom, 2 bathroom modern manager's residence with open plan living and newly renovated kitchen.
9. Private jetty for manager's residence.
10. Attractive net profit and brand new 25 year caretaking agreement.
11. Well set up system for new owner to take over and reap the rewards.
12. Manager's freehold townhouse priced at $800,000.
13. Business priced at $1,150,000.
14. Total asking price of $1,950,000.
15. Other features include management rights and VIC - Gippsland location.
Listing location

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