Xcllusive Business Sales Phone : 02 9817 **** Xcllusive Business Sales
02 98 ****

Modern Freehold Apartment Complex " Carnarvon WA

Listing Id : 242026

Location : Western Australia - CARNARVON

Category : Management Rights, Accommodation, Hotel Motel B and B

Asking Price : 1,400,000

Business description

BS142950 Income producing accommodation – Modern, spacious and self-contained! COVID 19 – the demographic of our clientele resulted in little impact to the business turnover. Located in the stunning coastal town of Carnarvon, this stunning apartment complex features a total of 4 one-bedroom and 2 two-bedroom modern self-contained units. Offering both short and long-term accommodation the businesses generates a steady income stream for an owner-operator. With several local industries set for major expansion, now is a great time to consider this investment opportunity. Offering the best short and long-term accommodation in the area, Carnarvon Sea Change Apartments were built by the current owners 11 years ago and are showing an average of 65% occupancy rate. -Well-established and prominently located business with 11 years successful operation -Considered Carnarvon’s best short and long-term accommodation -4 one-bedroom and 2 two-bedroom modern self-contained units -Units can be strata titled -Solid pre-stressed concrete construction -Centrally located in town overlooking the Fascine waterway -Established Corporate and Government clientele -Onsite laundry with 2 Maytag washing machines plus a Maytag dryer -Onsite storage unit -Low maintenance with stainless steel front fence, artificial grass and aluminium balustrades -Doubled glazed anodized aluminium doors and windows -Online security camera plus 2 Tesla recharge points -11 years of trading figures available -Business would suit a couple or family seeking a lifestyle with security of income -Currently run by a couple working approximately 4 hours per day -Owners will provide a training period to ensure a smooth handover and transition Carnarvon sits on the coast approximately 9**** **** km north of Perth and is the regional centre for the Gascoyne. As well as being a premier holiday destination, Carnarvon is home to many established businesses in the horticultural, mining, fishing and tourism industries. Several of which, have announced major expansions: Hasting Technology Minerals is currently developing a rare earth mine east of Carnarvon. Twiggy Forrest’s Minderoo Group has just announced the extension of their current operations that will include Carnarvon`s largest mango farm (earth works started May 2**** **** and Australia`s largest oyster farms (trials under way May 2**** **** . This already popular apartment complex is set to cash in on these developments so now is a great time for that Seachange! Price: Business and Freehold $1,400,000 Negotiable

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