Port Macquarie, New South Wales
Consistent performing holiday business + lifestyle in prime coast location | Resort Brokers ID : MR007230
We are delighted to present to market one of Port Macquarie’s most sought-after addresses. Ideally situated adjacent to the pristine Flynns Beach and positioned to enjoy all Port Macquarie is famous for - beaches, tourist attractions, wildlife, wining, and dining.
This resort offers a nine-year agreement plus a modern two-bedroom, one-bathroom manager's residence. The Net profit is over $460K and a generous $108K Body Corporate Salary.
Running the holiday business of this proven and consistent performer, the South Pacific Apartments in Port Macquarie's short-stay market will be the work/lifestyle balance you dreamed of.
- 42 units with 38 in the letting pool
- Magnificent property, highly desired by tourists and families
- Resort-style pool, spa and children’s wadding area
- Net profit of over $460K with a generous +$108K Body Corporate salary
- Consistent performing holiday business with repeat guests, driven by local tourism
- Ideally located directly overlooking the stunning Flynns Beach
- Two-bedroom, one-bathroom manager’s residence attached to office/reception
- Apartments are fully self-contained, air-conditioned and feature both modern furnishings and fixings
- Great return and lifestyle with a prospect to increase the business revenue
- Property inspections are by appointment only
Date updated: 19 Jun 2022 23:00:12
Net Profit: $466,048 Remuneration / Body Corp Salary: $108,189
Managers UnitValue of Managers Apartment: $360,000Bedrooms: 2Bathrooms: 1Office: On Title
Complex InformationComplex Type: Resort / HolidayTotal Units in Complex: 42Total Units in Letting Pool: 38Holiday Units: 38Owner Occupy Units: 1Agreement Term Remaining: 9 years