Byron Bay, New South Wales

$1,198,000

Property Description

Business For Sale - Ideal First Time Complex - ID 8197 BL

- NSW Management Rights For Sale
- Byron Bay Hotspot
- Walking distance to town and beach
- 9 x 1 bedroom units in the rental pool plus the manager's 2 bedroom unit
- 2 bedroom managers unit - current owner has approval to live offsite
- Central pool and BBQ area with low maintenance grounds
- Very easy operation and great lifestyle on offer
- This is a great first time business in the hottest beachside location in Australia. Byron Bay is the place to be and be seen, owning an accommodation business is gold. Extra income is earnt by letting out your unit in the holiday letting pool.
Do not hesitate to inspect as opportunities in this location at this price point are few and far between.

Net Profit: $140,528
Asking Price: $1,198,000
(Inclusive of manager's real estate)

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

Listing Management Rights Broker
Tony Johnson

Property Summary

Business Snapshot

Price: $1,198,000 Net Profit: $137,165 Remuneration / Body Corp Salary: $32,000Body corp salary review: CPI Annually

Managers Unit

Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: Exclusive Use
Tidy two bedroom manager's residence that is currently in the letting pool.

Complex Information

Complex Type: HolidayTotal Units in Complex: 16Total Units in Letting Pool: 10Holiday Units: 10Agreement Term: 10 yearsAgreement Term Remaining: 10 yearsPool: YesBBQ Area: 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