Port Macquarie, New South Wales

Business For Sale - Fantastic Starter - Rare 4 Bed Home plus Income - ID 9046 BL

$1,086,000

Property Description

NSW Management Rights For Sale

- Holiday management rights positioned in the heart of Port Macquarie
- High net return for a moderate workload
- Genuine lifestyle opportunity
- An established business, with all systems in place
- Easily managed
- Spacious grounds with lush tropical style gardens
- BBQ facilities and low maintenance solar heated pool
- Topped up 10 year agreements
- Exceptional occupancy highlighting the opportunity to increase tariffs
- Rare and popular pooled accommodation income agreement
- Outstanding and spacious 4 bedroom managers' residence - rare as hens teeth
- Favourable caretaking hours
- Office area, storerooms etc are all on exclusive use

Port Macquarie is a lifestyle area with all creature comforts of good shopping, reliable air and transport services. Fantastic hospital and medical services, immensely popular tourism destination with proactive council organising a number of local events boosting the accommodation sector.

On offer here is an opportunity which rarely arises. An operable Management Rights business, solid current income with growth potential.

Net Profit: $158,146
Asking Price: $1,086,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this NSW Management Rights business opportunity contact:

Management Rights Broker
Michael Philpott

Property Summary

Business Snapshot

Price: $1,086,000 Net Profit: $158,557 Remuneration / Body Corp Salary: $45,626Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $550,000Bedrooms: 4Bathrooms: 1Car Spaces: 2
Rare 4 bedroom manager's residence, Located on the first floor, All bedrooms have built ins, Open plan living

Complex Information

Complex Type: HolidayTotal Units in Complex: 27Total Units in Letting Pool: 26Holiday Units: 26Manager Units: 1Agreement Term: 10 yearsAgreement Term Remaining: 4 yearsPool: YesBBQ Area: YesWIFI: Yes
Marketing Agent
Michael Philpott
Michael Philpott

Listing location
Gallery

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