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 AnnuallyManagers Unit
Value of Managers Apartment: $370,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: NoComplex 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: YesOther Features / Notes
A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS, C:NSW - North Coast
Listing Tools
This listing last updated: 9th November 2020
Property Map
Map Location ( get directions )
Port Macquarie, New South Wales 2444 Exact map location not provided