Tea Gardens, New South Wales

HIGH ROI + $317K NP + PRIME WATERFRONT LOCATION + LIFESTYLE | Resort Brokers ID : MR008942

$1,250,000

Business Description

Dreaming of an exciting new lifestyle, where you can live and work by the water? This incredibly successful management rights business ideally located in a beautiful NSW coastal town is only 2.5 hours from Sydney CBD, and 40 minutes from Newcastle.

The Boathouse Resort Tea Gardens represents an ideal opportunity for both first-time operators and experienced management rights owners. It offers 24 of the 33 units in the letting pool, with the potential to secure at least two more in 2025/2026 as apartment sales progress.

Genuine lifestyle flexibility, with exceptional income (Net Profit circa $317k), proven over 21 years of operation, a perfect scale for a husband and wife team supported by a loyal team of contractors.

The Boathouses’ 4-star accommodation is complemented by impeccably maintained grounds and resort-style guest facilities. Recently refreshed with major pool upgrades and a full exterior repaint, the property presents as new, offering an ideal turnkey opportunity.

Increased revenue generated during the peak season from December through April presents a significant incentive for early settlement by the incoming operator. Don’t miss this outstanding opportunity; our motivated vendor is committed to a sale as they move into retirement.

- Prime waterfront location - incredible work/life opportunity
- No requirement to live onsite + no real estate to purchase
- Solid, healthy net profit of circa $317k + high return on investment
- Established operational systems, easily maintained common areas
- Excellent guest relationships - active subscriber list of 5,500 loyal clients
- 18-year letting and 10-year caretaking agreements (NSW maximum term)
- Supported by a loyal team of housekeepers, receptionist and gardeners
- Outstanding resort facilities and large, well-presented rooms
- Awarded 2025 NSW Gold List Achiever for dedication to excellence in tourism accommodation
- Property inspections are by appointment only
Date updated: 19 Apr 2026 23:00:06