Port Macquarie, New South Wales

Popular Port Macquarie Holiday Apartments Just 300 Metres from Town Beach - 1P4991MR

Management Rights $1,086,000

Property Description

CRE Brokers are proud to be appointed the exclusive agents for Oxley Cove Holiday Apartments in Port Macquarie on the Mid North Coast of NSW.

If you have visited Port Macquarie you will know this truly is the ultimate lifestyle opportunity as the complex is operated by 1 full time owner and casual staff, with flexible hours of operation. Conveniently located just 300 metres from Town Beach and a 5 minute walk to the vibrant Port Macquarie CBD .

There are 26 fully self-contained apartments in the letting pool with a choice of 1, 2 or 3 bedrooms.

Driving to Port Macquarie:

. Sydney - 4.5 hours
. Newcastle - 2.5 hours
. Gold Coast - 6 hours
. Tamworth - 3 hours

Rail or Air: TrainLink air-conditioned rail services and Qantas and Virgin Australia flights arriving daily.

TOTAL NUMBER OF UNITS : 27
UNITS IN LETTING POOL: 26
NET PROFIT: $142,048

REAL ESTATE PRICE : $450,000
BUSINESS PRICE: $636,000
TOTAL ASKING PRICE: $1,086,000

Property Summary

Business Snapshot

Price: Management Rights $1,086,000 Net Profit: $142,048 Remuneration / Body Corp Salary: $45,309Body corp salary review: Other

Managers Unit

Value of Managers Apartment: $450,000Bedrooms: 4Bathrooms: 1Car Spaces: 1Office: Exclusive UsePets OK: Yes

Complex Information

Complex Type: HolidayTotal Units in Complex: 27Total Units in Letting Pool: 26Holiday Units: 26Lockup Units: 1Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 8 yearsPool: YesBBQ Area: YesWIFI: Yes

Other Features / Notes

A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS, C:NSW - Central Coast/Hunter
Marketing Agent
Darren Leaney
Darren Leaney

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

Business For Sale - Small Resort in Booming Port Macquarie - ID 8343 BL
MR Sales
Business For Sale - Small Resort in Booming...

PORT MACQUARIE

$1,160,000

Net Income: $195,346
Managers Estate: $475,000 3 Bed 2 Bath
Letting Pool: 20
Remuneration: $42,942

Mid North Coast NSW Sea Change Boutique Apartment Opportunity - 1P2942MR
CRE Brokers
Mid North Coast NSW Sea Change Boutique...

PORT MACQUARIE

Management Rights $1,160,000

Net Income: $162,512
Managers Estate: $450,000 3 Bed 2 Bath
Letting Pool: 20
Remuneration: $49,094

939CPF - FANTASTIC STARTER - BRUCE HWY FREEHOLD MOTEL AND CARAVAN PARK, MACKAY and BRISBANE HALFWAY STOP
Business For Sale - Highly Profitable in Holiday Hotspot - ID 9022 H
2509ML - FANTASTIC STARTER - CHEAP LEASEHOLD WITH UPSIDE
1031CPF - MONEY MAKING OPPORTUNITY RECENTLY UPGRADED
EXCEPTIONAL & UNIQUE MIXED USE BUSINESS OFFERING ON STUNNING MORETON ISLAND!    | Resort Brokers ID : FH006812
Burleigh Heads Beauty with Scope to Grow | Resort Brokers ID : MR006814
Don't miss out on this rare chance to secure an OTP management rights | Resort Brokers ID : OTP006655
Waterfront Holiday/Corporate Property with Style
1419ML - HIGH QUALITY LEASEHOLD PROPERTY, CENTRE OF WAGGA, RARE OPPORTUNITY, ENQUIRE NOW
CARETAKING ONLY MANAGEMENT RIGHTS WITHIN 3KM FROM BRISBANE CITY | Resort Brokers ID : MRC006816
1330MF - ENTRY LEVEL FREEHOLD WAITING FOR NEW OWNERS
1540ML - BE YOUR OWN BOSS! EASILY OPERATED, AFFORDABLE LEASEHOLD
1980ML – NEW 30 YEAR LEASE HUGE UPSIDE: - ORIGINAL OWNER / BUILDER SAYS SELL, WE WANT TO RETIRE
1980MF - HUGE UPSIDE: - ORIGINAL OWNER / BUILDER SAYS SELL, WE WANT TO RETIRE
Prime Location, Easy Building, Solid Business
Absolute prime land and strong, steady financials.
High returns in the NSW High Country | Resort Brokers ID : LH006815
Low Multiplier Waterfront