Port Macquarie, New South Wales
Business For Sale - Small Resort in Booming Port Macquarie - ID 8343
980000
Business Description
NSW Management Rights For Sale - Port Macquarie
Fantastic Overall Return & Idyllic Lifestyle
- 19 modern refurbished two story walk up apartments
- Close proximity to protected Shelly Beach
- Resort facilities including pool, spa, full size tennis court and games room
- Positioned to operate 5 days per week
- Ideal for two person team with room for the kids
- A genuine accommodation lifestyle business
- Attractive business multiplier with affordable real estate component
- Confident accommodation sector forecast to grow organically
An unrivalled opportunity to purchase an affordable lifestyle, home and business in one of coastal NSW strongest growth markets.
Net Profit: $218,236
Asking Price: $980,000
(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: 501
Business Summary
Business Snapshot
Price: 980000
Remuneration / Body Corp Salary: $40,676Body corp salary review: CPI Annually
Managers Unit
Value of Managers Apartment: $475,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes3 bedrooms, 2 bathrooms, 2 storeys, Well-appointed living dining and recently renovated modern kitchen, Additional space ideal for storage / back office or study area downstairs, Office attached and on title,Currently housing family of fourearly high school aged kids, Private fenced rear yard pet friendly and double car accommodation.
Complex Information
Complex Type: HolidayTotal Units in Complex: 20Total Units in Letting Pool: 19Holiday Units: 19Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 7 yearsPool: YesSpa: YesGames Room: YesBBQ Area: YesWIFI: Yes
Key Investment Insights
- The resort is located in the booming coastal town of Port Macquarie, which is experiencing strong growth in both tourism and population.
- The resort features 19 modern and recently refurbished two-story apartments, providing a comfortable and attractive accommodation option for guests.
- The resort is in close proximity to the protected Shelly Beach, providing guests with easy access to a beautiful and safe swimming spot.
- The resort offers a range of facilities including a pool, spa, full-size tennis court, and games room, providing guests with plenty of options for entertainment and relaxation.
- The business is currently positioned to operate 5 days per week, providing a great work-life balance for the owners.
- The business is ideal for a two-person team, with the potential for the owners to involve their children in the business.
- The business offers a genuine accommodation lifestyle, providing the owners with the opportunity to live and work in a beautiful coastal location.
- The business has an attractive business multiplier, with an affordable real estate component, making it an appealing investment opportunity.
- The accommodation sector in Port Macquarie is forecasted to continue growing, providing potential for organic growth for the business.
- The net profit for the business is $218,236, providing a fantastic overall return for the owners.
- The asking price for the business is $980,000, which includes the manager's real estate.
- The manager's apartment is a spacious 3-bedroom, 2-bathroom, 2-storey unit with a modern kitchen and additional space for storage or an office.
- The complex is a holiday complex with 20 units in total, with 19 units in the letting pool and 1 manager's unit.
- The complex is under a standard agreement module with 7 years remaining on the agreement term.
- The complex offers a range of amenities including a pool, spa, games room, BBQ area, and WIFI.
- The complex is pet-friendly, providing potential for owners to bring their pets with
