Port Macquarie, New South Wales

Management Rights $2,100,000

Property Description

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.

Property Summary

Business Snapshot

Price: Management Rights $2,100,000 Net Profit: $342,235 Remuneration / Body Corp Salary: $59,749Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $370,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: No

Complex Information

Complex 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


Marketing Agent

Marketing Agency

CRE Brokers

Darren Leaney
CRE Brokers


Listing Tools

Property Map

Map Location ( get directions )

Port Macquarie, New South Wales 2444 Exact map location not provided

Similar Properties