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: 1Complex Information
Complex Type: Resort / HolidayTotal Units in Complex: 36Total Units in Letting Pool: 35Agreement Term Remaining: 10 years