Ballina, New South Wales

$2,498,000

Property Description

Incredible 16% ROI with sweeping Ocean views of Ballina! | Resort Brokers ID : MR005927

This thriving holiday business is looking for new operators to take it to the next level. Situated only minutes to the beach with a solid letting pool and easy to manage resort facilities, this is a true sea change business opportunity!



  • Prime elevated location with incredible ocean views

  • $418K Net Profit

  • Topped up 10-year agreements

  • Great Body Corporate relationship

  • Can have nominee reside onsite

  • Easy to maintain resort facilities

  • Separate large office/reception area on title

  • No set office hours

  • Property inspections are by appointment only




Virtual Tour:Grandview Apartments Ballina


Date updated: 06 Dec 2019 23:00:06

Property Summary

Business Snapshot

Price: $2,498,000 Net Profit: $418,608 Remuneration / Body Corp Salary: $74,287

Managers Unit

Value of Managers Apartment: $575,000Bedrooms: 2Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 41Total Units in Letting Pool: 24Holiday Units: 24Owner Occupy Units: 11Outside Agent Units: 5Agreement Term Remaining: 10 years

Marketing Agent


Marketing Agency

ResortBrokers

Todd Warner
ResortBrokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Ballina, New South Wales 2478 Exact map location not provided

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