Terrigal, New South Wales

Central Coast, Hugely Profitable, Well Established MR | Resort Brokers ID : MR008492

$2,666,460

Business Description

ResortBrokers is delighted to exclusively present the management rights to the Terrigal Pacific Coastal Retreat, comprising of 35 holiday apartments with a very rare positioning of all units in the letting pool.

This is a unique opportunity to acquire a well-established, high-performing asset in an enviable location, further sweetened by a staggering net profit circa $415k. With long term, solid and experienced staff already in place makes this an easy transition for any buyer stepping into the business

Award-winning status, and impeccably presented accommodation, makes this a highly attractive investment. This is not just a property, but a thriving business and a lifestyle choice for savvy investors.

- Staggering Net Profit of approximately $415k
- Prime location opposite Terrigal Lagoon
- Manager's Lot - 2-bed/1-bath, 1-car space residence, plus an exclusive office
- Exquisite retreat oasis and top-tier amentities
- Recipient of the prestigious 2021 Travellers Choice Awards
- All the hard work done, ready for new owner to step in and start profiting
- Inspections by appointment
Date updated: 03 Nov 2024 22:00:06

Business Summary

Business Snapshot

Price: $2,666,460 Net Profit: $414,769 Remuneration / Body Corp Salary: $69,184

Managers Unit

Value of Managers Apartment: $800,000Bedrooms: 2Bathrooms: 1

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 36Total Units in Letting Pool: 35Agreement Term Remaining: 10 years
Marketing Agent
Jacqueline Featherby
Jacqueline Featherby

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

GREAT SHORT STAY CAIRNS RESORT FOR SALE
GROUP ACCOMODATION, SCHOOL CAMP, CONFERENCE
Boutique Luxury Resort with 520k Net - Prime Beachfront Location
Victoria’s Prime MLR - Easy Profits, No Fuss
Management Rights plus Extra Rent Roll in Gracemere QLD
Year Round Performance - Closest Motel to Airport
Short Term Gem - ID 7838
Around $200K Stable Salary & Simple Duties - ID 9172
High NETT income at a realistic multiplier
3.81 Low Multiplier & Stable High Income - ID 9171
Effortless Property Caretaking, No Real Estate, Maximum Returns—Your Ideal Investment
Boutique townhouse development in Gold Coast North growth corridor. | Resort Brokers ID : MR008507
PRESTIGIOUS BUSINESS-ONLY MLR IN MAROOCHYDORE'S EMERGING CITY CENTRE PRECINCT | Resort Brokers ID : MRB008468
NTC Property is pleased to present an exceptional opportunity to purchase Kalidonis Village.
A PRIME AND LUXURY INVESTMENT THAT IS ONE OF THE BEST ON THE COAST... | Resort Brokers ID : MR008511
Iconic Australian Hotel Winton – Liquidator Sale, Expressions of Interest | Resort Brokers ID : FH008522
FOR SALE BY EXPRESSIONS OF INTEREST - FREEHOLD - Well Established Local Cafe in Harcourt VIC - 1P0482
Exclusive - Discover An Unmissable Opportunity In Coolum Beach - ID 9170