Port Macquarie, New South Wales
The best property in Port Macquarie - An outstanding investment opportunity | Resort Brokers ID : MR006942
Expressions of Interest
This could be one of the best accommodation opportunities to hit the market this year: The Mantra Quayside, right in the heart of the Port Macquarie CBD is, quite simply, the city’s best property located in one of the most sought-after markets in New South Wales thanks to the boom in domestic drive tourism.
The Mantra Quayside provides a compelling investment opportunity on many levels and will attract strong interest from a range of players in the industry.
- Well positioned as the best property in Port Macquarie
- Located in one of the most sought-after coastal markets in NSW
- Consists of 42 x 1 and 2 bedroom apartments
- Includes the freehold of 21 x 1 and 2 bedroom apartments fully stratad
- Opportunity to sell down units and benefit from housing boom!
- High net profit with long term agreements for NSW
- The property is zoned as short term so you will never lose any units in the letting pool
- Mantra Quayside has been refurbished from top to bottom with high quality specs throughout
- No more capital expenditure needed so good tariffs are guaranteed with very few expenses
- Expressions of Interest closes 5pm, 26th November 2021
- Property inspections are by appointment only
Date updated: 05 Dec 2021 22:00:10
Price: Expressions of Interest
Net Profit: $1,202,420 Remuneration / Body Corp Salary: $64,365
Managers UnitBedrooms: 2Bathrooms: 2Office: On Title
Complex InformationComplex Type: Resort / HolidayTotal Units in Complex: 42Total Units in Letting Pool: 42Holiday Units: 42Agreement Term Remaining: 25 years