Port Macquarie, New South Wales

Management Rights $1,160,000

Property Description

Mid North Coast NSW Sea Change Boutique Apartment Opportunity - 1P2942MR

EXCLUSIVE TO CRE BROKERS. When you are looking for a wonderful lifestyle with great income you must consider this well maintained complex located close to the beautiful beaches of Port Macquarie on the Mid North Coast (approx. 4 hours from Sydney).

Features include:

. Full size tennis court
. Heated pool with spa
. Kids games room & BBQ area
. All units self-contained with car spaces
. Owner's residence is large two storey with office, separate dining and access to the reception area with 2 allocated car spaces on title

Shelley Beach Resort benefits from the large number of corporate travellers and families as well as many sporting groups that Port Macquarie attract every year.

Property Summary

Business Snapshot

Price: Management Rights $1,160,000 Net Profit: $162,512 Remuneration / Body Corp Salary: $49,094Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $450,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes

Complex Information

Complex Type: HolidayTotal Units in Complex: 20Total Units in Letting Pool: 18Holiday Units: 18Lockup Units: 1Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 7 yearsPool: YesTennis Court: YesGames Room: YesBBQ Area: Yes

Other Features / Notes

A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS, C:NSW - North Coast

Marketing Agent


Marketing Agency

CRE Brokers

Darren Leaney
CRE Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

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

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Management Rights $1,086,000
Net Income: $142,048
Managers Estate: $450,000 4 Bed 1 Bath
Letting Pool: 28
Remuneration: $45,309

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