Property Description
Want to live in Byron Bay & be your own boss? | Resort Brokers ID : MR006358
With Net Profit +$154k, 10 year agreements, no requirement to live on site, easy to run complex great for a dynamic couple looking for sea change business of your own in bohemian Byron Bay.
- $154k+ net profit with consistent growth opportunities for new operators
- Topped up 10 year agreements
- No set office hours
- No requirement to reside on site
- Incredible tranquil Byron Bay lakeside location - walk to beach
- Can be run by a solo manager or by a couple looking for lifestyle balance
- Perfect add-on business
- Consistent business not affected by COVID-19 impact
Date updated: 26 Feb 2021 23:00:05
Property Summary
Business Snapshot
Price: $1,350,000
Net Profit: $154,936 Remuneration / Body Corp Salary: $51,532
Managers Unit
Value of Managers Apartment: $780,000Bedrooms: 2Bathrooms: 1Office: On TitleComplex Information
Complex Type: Resort / HolidayTotal Units in Complex: 35Total Units in Letting Pool: 12Holiday Units: 12Owner Occupy Units: 14Outside Agent Units: 8Lockup Units: 1Agreement Term Remaining: 10 years