Business For Sale NEW SOUTH WALES 2428, New South Wales
Business Category Management Rights Motel
Management Rights $3,300,000
75 Beach Houses - 1p4071mr
EXCLUSIVE TO CRE BROKERS. Arguably one of the best Management Rights opportunities in NSW is now for sale.
Since completion in 2006, this secure business has only changed hands once.
Prime beachside position, situated only 3 hours north of Sydney in the heart of The Great Lakes region. Award winning design by renowned Sydney Architect, this property has it all.
. A secure letting pool, restricting to Short Term accommodation only, NO permanent occupants permitted.
. Long 20 year agreements (QLD model)
. State of the art resort facilities you would expect in a 4.5 star resort.
. Restaurant/Bar & Function Centre, separately operated.
. 3 bedroom/2 bathroom Manager's Apartment, Reception and Management Centre, ALL on Managers title.
. Beside one of the most stunning beaches in NSW, renowned for great surf and swimming.
. Many options for children's schooling close by.
Caretaking Salary: $153,690 (adjusted annually to CPI)
Net Profit: $520,820
Managers Real Estate: $720,000
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This business is somewhat unique and has no similar competition in this region, category or price bracket.