BEACHFRONT MANAGEMENT RIGHTS IN BATEMANS BAY NSW. OUTSTANDING PROPERTY!!
There is a lot of freehold in this Management Rights business "The Edgewater Gardens" apartment complex, located right on the beach in Batemans Bay, NSW.
All apartments in the complex are in the Holiday letting pool, and the majority have been recently renovated.
The property enjoys a high return rate from guests who enjoy a relaxed Batemans Bay holiday in the lush and tropical surrounds of this beautiful resort.
There are no hours in the agreements and there is no requirement to live onsite.
The Manager’s 3 bedroom townhouse is very large and has the office attached and on title.
Additionally, there is a beachfront one bedroom king apartment attached and on title and this has been holiday let but often used for family accommodation by the current owners.
It currently generates an additional income of about $12,000 per year but could easily be increased to $18,500 and this is not included in the current financials.
Complex InformationTotal Units in Complex: 0