Byron Bay, New South Wales

$1,822,000

Property Description

Business For Sale - Central Byron Bay Holiday Complex - ID 8202 BL

- Byron Bay With Growth Potential
- Ideal Couples Operation
- NSW Management Rights For Sale
- Long history of all units being in the letting pool
- Solar heated pool and BBQ area
- Low maintenance grounds and gardens
- Renovated 2 bedroom manager's residence, separate exclusive use office and storage areas
- 5 minute walk to Belongil Beach, 6 minute walk to Main Beach
- High profile location yet away from the hustle and bustle
- Current occupancy of 64% allows for growth for the new managers
- Proactive and supportive committee
- Option to live offsite
- This is a well maintained complex that has provided a good lifestyle for the current owners of almost 7 years. It is time for someone with fresh ideas and enthusiasm to take over and reap the benefits of the consistent returns and wonderful lifestyle of beautiful Byron Bay.

Net Profit: $269,680
Asking Price: $1,822,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this NSW management rights business for sale contact:

Listing Broker
Tony Johnson

Property Summary

Business Snapshot

Price: $1,822,000 Net Profit: $269,680 Remuneration / Body Corp Salary: $26,660Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $625,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: Exclusive UsePets OK: Yes
Spacious, Renovated, Two bedrooms, One bathroom, Two balconies, Well equipped kitchen, Air conditioned, Being sold fully furnished, Double glazing to restrict street noise, The manager's residence is also in the letting pool, No requirement to live onsite

Complex Information

Complex Type: HolidayTotal Units in Complex: 16Total Units in Letting Pool: 16Holiday Units: 16Manager Units: 1Agreement Term: 10 yearsAgreement Term Remaining: 6 yearsPool: YesBBQ Area: YesWIFI: Yes

Marketing Agent


Marketing Agency

MR Sales

Tony Johnson
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Byron Bay, New South Wales 2481 Exact map location not provided

Similar Properties