Mid North Coast Management Rights Holiday Complex - 1P4670MR
42 Apartments, Tourists Only with Resort Facilities. Management Rights Exclusive to CRE Brokers.
Situated in what is regarded as one of Australia's most perfect climates and holiday destinations, this holiday-only complex is located opposite the beach and centrally located to everything the area has to offer.
. 42 Apartments including manager's apartment
. Basement car parking
. Resort pool and spa
. BBQ Gazebo
. Great location opposite beach
. Walk to cafes
. Easy to Operate
This opportunity provides a good return and lifestyle, with a prospect to increase the business revenue.
Price: Management Rights $2,100,000
Net Profit: $342,235 Remuneration / Body Corp Salary: $59,749Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $370,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: No
Complex InformationComplex Type: HolidayTotal Units in Complex: 42Total Units in Letting Pool: 40Holiday Units: 40Outside Agent Units: 1Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 9 yearsPool: YesSpa: YesBBQ Area: YesPay TV: YesWIFI: Yes
Other Features / Notes
A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS, C:NSW - North Coast