Coastal Freehold Business And Property With Separate Residence

Business For Sale Port Macquarie, New South Wales 2444

Business Category Gyms

$2,520,000

Description

Coastal Freehold Business And Property With Separate Residence

Finding a quality investment property in this market is hard to find.

On offer is two separate buildings on one title covering approximately 1,657sqm of land. The street frontage (with excellent signage and car parking for 14 cars) has a renovated two-storey commercial use property with solar panels that includes a fully fitted out and operational gym (included in the sale price), a leased hair salon and room for another tenant. Previously the building was 4 squash courts, so it benefits from high ceilings.

There are many options a purchaser could look at here from selling off the gym, selling off the equipment, building the gym business, having two other tenants paying rent and to the rear via a side access driveway is a newly renovated 4-bedroom brick home.

The separate residence has a generous kitchen and open plan living area adjoining a generous deck with built-in BBQ. Downstairs there is a kids retreat/games room, another kitchenette, laundry, 2 single garages and a games room with new modern kitchen which opens to another BBQ area overlooking the backyard and firepit.

This residence could be used by the purchaser or yet another income-producing investment.

The property may also suit strata or sub-division (subject to council approvals)

The freehold property and business are located in a beautiful highly sought-after coastal town south of Port Macquarie and would be perfect for those wanting a sea change and/or an investment.

The business has been established within the local community for over 10 years and would suit an owner/operator or Personal Trainer looking for a lifestyle business that could provide a great income as well as an amazing work-life balance. The current owner built this business from the ground up to suit their lifestyle whilst raising two children. You could take over and hit the ground running with regular cash flow as memberships continue to rollover.

The business has a large mix of members and visits that enjoy both gym workouts and classes with ages ranging from 11yrs – 90yrs.

The business currently operates 6 days a week but has the potential to be increased to 24/7 if the new owner wishes.

It is expected this property could be leased for $600.00 - $650.00/wk.

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This business is somewhat unique and has no similar competition in this region, category or price bracket.


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Admin @ Direct Business Hub

Bsale ID: 564023
Broker REF: 3343163

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