Management Rights Sales Pty Ltd Phone : 1300928 ****


Listing Id : 251368

Location : New South Wales -North Coast

Category : Management Rights

Asking Price : 1,350,000

Business description

4 Star Beachfront Holiday Management Rights
3.9x Multiplier

- 16 well apportioned units
- Easy to operate, manageable by husband and wife team
- On the beach five minutes north of Coffs Harbour City Centre
- Facilities include heated pool, BBQ area and half-sized tennis court
- Conveniently located near local attractions including the Aquarium and the Big Banana
- Consistent and healthy 90% occupancy
- The managers residence is a recently renovated, 2 bedroom apartment which is currently in the letting pool
- Current managers live off-site

All apartments and complex have been renovated in the last 12 months, nothing to do just walk in and maintain. Excellent reviews and online profile, very well regarded on TripAdvisor and other online accommodation review platforms.  This business is a must to inspect

Net Profit: $2**** **** ,418
(including additional $21,764 net income from letting of managers unit)
Asking Price: $1,350,000
(inclusive of managers real estate)

For further information on this North Coast NSW Management Rights opportunity contact:

Warren Sweetman
**** ****

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