Port Macquarie, New South Wales

Rare four bedroom residence with no owner occupiers | Resort Brokers ID : MR007720

$1,150,000

Business Description

Oxley Cove Apartments comprises 26 high-standard holiday units set amongst beautiful, landscaped garden surrounds. Current operators have extensively replaced internal appliances and proactively refurbished apartments.

A supportive Body Corporate with no owner-occupiers makes this an environment and culture designed for production and equity.

- Consistent income, with huge potential for other existing revenue streams
- 26 out of 27 apartments in the letting pool
- 500 metres from town beach and local cafes
- Recent refurbished kitchens undertaken in apartments
- Spacious four bedroom residence, this is a rare opportunity for a lifestyle change
- Supportive Body Corporate with no owner occupiers
- Repeat business clientele withseasonal peaks
- Inspections by appointment only
Date updated: 09 Jun 2024 23:00:11

Business Summary

Business Snapshot

Price: $1,150,000 Net Profit: $163,466 Remuneration / Body Corp Salary: $46,656

Managers Unit

Value of Managers Apartment: $650,000

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 27Total Units in Letting Pool: 26Agreement Term Remaining: 8 years
Marketing Agent
Joshua Roberts
Joshua Roberts

Listing location

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