Medowie, New South Wales


Property Description

Highly profitable Managements Right Business in beautiful waterfront location | Resort Brokers ID : MRB006375

This management rights will be hugely appealing to a buyer wanting to walk into a successful business in a beautiful waterfront location.

  • High number of units in the letting pool

  • Opportunity for additional units which will increase profit

  • Solid bookings even during Covid

  • High demand by holiday makers

  • One hour from Newcastle

  • Beautiful coastal location giving opportunity for a lifestyle change

  • Highly motivated vendor

  • Property inspections are by appointment

Date updated: 29 Oct 2020 23:00:06

Property Summary

Business Snapshot

Price: $1,300,000 Net Profit: $326,515 Remuneration / Body Corp Salary: $51,188

Managers Unit

Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 33Total Units in Letting Pool: 25Holiday Units: 25Outside Agent Units: 1Agreement Term Remaining: 10 years

Marketing Agent

Marketing Agency


Jacqueline Featherby


Listing Tools

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Map Location ( get directions )

Medowie, New South Wales 2318 Exact map location not provided

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