Unsurpassed Luxury Management Rights $600k Net Profit – Mid North Coast Nsw - 1p4949mr

As exclusive agents, CRE Brokers are proud to present Sevan Apartments, a magnificent Mid North Coast property located in the heart of the Forster town centre with wonderful views of the lake, town and ocean.

The Property: 37 Luxury Apartments – 30 in the letting pool and no external agents

Financial Performance: Proven and consistent financial returns – 73% occupancy and ability to increase tariffs each year since opening in Dec 2007

Manager's Residence: Quality appointed and spacious 2 bedroom 2 bathroom modern residence

Salient Points: Widely considered the premier accommodation complex in Forster with outstanding relationship with the Body Corporate and Owners in a consistently thriving accommodation region

Reputational Excellence
• Quality Tourism Accredited 4.5 star rating
• TripAdvisor - 4.5/5 Very Good
• Expedia - 9.4/10 Exceptional
• Booking.com - 8.8/10 Excellent

Business Price: 2,000,000
Unit Price: $700,000
Total Asking Price: $2,700,000