Korora, New South Wales

$1,350,000

Property Description

Business For Sale - On The Beach - Coffs Coast Management Rights - ID 8843 H

- Management Rights NSW
- Beachfront Resort
- NSW management rights for sale
- Located just five minutes north of Coffs Harbour city centre
- 4 star beachfront resort
- 16 well appointed holiday units
- Easy to operate
- Facilities include a heated pool, BBQ area and half size tennis court
- Conveniently located near local attractions including the Aquarium and Big Banana
- Consistent and healthy occupancy
- A must to inspect
- Located in a superb location, this property is only five minutes from Coffs Harbour's City Centre.

This beachfront resort is a 4-star property that offers 16 spacious self-contained resort style apartments, nestled amongst tropical gardens. Each of the apartments have their own private patio or balcony overlooking the pool, the floodlit gardens or the Pacific Ocean.

Guests can easily walk to the beach where they can try their hand at fishing, surfing, diving, and snorkelling. The resort is also conveniently located near the local Aquarium, the Big Banana and other popular attractions. After a big day out, guest's can relax and enjoy the property's facilities, including: a heated pool, an undercover BBQ area, and a half-sized tennis court.

With a consistent and healthy occupancy, this property is worth an inspection.

Net profit: $164,003
(excluding manager's unit income of $10,320)
Asking Price: $1,350,000
(Inclusive of manager's real estate)

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

Exclusive Broker
Warren Sweetman

Property Summary

Business Snapshot

Price: $1,350,000 Net Profit: $164,003 Remuneration / Body Corp Salary: $47,304

Managers Unit

Value of Managers Apartment: $560,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: No
Just renovated Feb 2018

Complex Information

Complex Type: HolidayTotal Units in Complex: 16Total Units in Letting Pool: 16Holiday Units: 16Agreement Term: 10 yearsAgreement Term Remaining: 9 yearsPool: YesTennis Court: Yes

Marketing Agent

  • Warren Sweetman

  • 1300 928 556
  • 0498 965 005
  • send email

Marketing Agency

MR Sales

MR Sales

MR Sales

Warren Sweetman
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Korora, New South Wales 2450 Exact map location not provided

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