Byron Bay, New South Wales

$1,650,000

Property Description

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

Management Rights For Sale.
Central Location - Byron Bay.
No need to live onsite.
Solar Heated Pool & BBQ area.
Low maintenance grounds & gardens.
Renovated 2 bed managers unit, separate exclusive use office & storage areas.
Close to town and Belongil Beach.
Room for growth - consistent letting pool.
Proactive & supportive committee.
Long term owners are wishing to retire.
This is a great business in a high profile position on Shirley Street. It has the potential to improve net income by increasing the occupancy which is lower than many competitors. The current managers live offsite and earn extra income from the managers unit (not in figures). This is an easy couples operation in a fantastic location. Do yourself a favour, make that Seachange now!

Nett Profit: $232,083.

Asking Price: $1,650,000.

(inclusive of managers real estate).

For further information or to arrange an inspection of this NSW Management Rights business opportunity, contact

Tony Johnson

Property Summary

Business Snapshot

Price: $1,650,000 Net Profit: $232,083 Remuneration / Body Corp Salary: $29,593Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $650,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: Exclusive Use
Spacious, renovated two bedroom, one bathroom apartment with two balconies. The kitchen is well equipped. The apartment is air conditioned and is being sold fully furnished. Double glazing to restrict street noise. Currently in the letting pool so you have the rare choice of either living in the unit or living offsite and keep the unit ticking over the cash. This is a good dilemma to have. The office is Exclusive Use and separate to the residence, it is located at the entry to the carpark.

Complex Information

Complex Type: HolidayTotal Units in Complex: 16Total Units in Letting Pool: 15Holiday Units: 15Lockup Units: 1Manager Units: 1Agreement Term: 10 yearsAgreement Term Remaining: 9 yearsPool: YesBBQ Area: YesPay TV: YesWIFI: Yes

Marketing Agent


Marketing Agency

MR Sales

Tony Johnson
MR Sales

Phone

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Map Location ( get directions )

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

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