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MID NORTH COAST LUXURY RETREAT - ID 8451

$1,699,000

Resort / Holiday management rights, Blueys Beach NSW

NSW Management Rights Mid North Coast
A Unique Property Close To The Beach

- NSW management rights business for sale
- Located on the Mid North Coast
- Luxury accommodation overlooking a spectacular native rainforest
- A short stroll to the local beach
- One, two and three bedroom fully appointed detached and semi-detached houses
- Perfect getaway destination for couples, small groups and families
- Local tourist attractions include beaches, fishing, surfing, whale watching and bush walking
- Onsite swimming pool, heated spa, tennis court, clubhouse and Cafe/Restaurant
- Managers real estate includes 2 bed unit, clubhouse and office
- This unique property is definitely worth your inspection

Located on the Mid North Coast, a little over three hours from Sydney, this management rights business offers luxury accommodation overlooking a spectacular native rainforest and just a short stroll to the local Blueys Beach.

The property offers boutique accommodation in one, two and three bedroom fully-appointed detached and semi-detached houses surrounded by mature gardens. This is the perfect getaway destination for couples, small groups and families providing the opportunity to relax and unwind in total comfort.

Guests can enjoy the many local tourist attractions including beaches, fishing, surfing, whale and dolphin watching, canoeing, sailing and bush walking. Then after exploring the sights, visitors can then relax by enjoying the onsite swimming pool, heated spa, tennis court, clubhouse and Caf/Restaurant.

Net Profit: $267,241
Total Asking Price: $1,699,000
(Inclusive of managers real estate)

More Information

Financial Overview

  • Total Purchase Price: $1,699,000
  • Net Income: $ 267,241 (actual)
    This is the combined total income acheived by the business after expenses, before tax.
  • Included Real Estate: $ 750,000
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Multiplier: 3.6
    Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.

Letting Business

  • Letting Pool: TBC
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 0
    Number of units resided in by their owners.
  • Lock Ups: 0
    Number of units owners are not renting out, but also do not live in.
  • Outside Agents: 0
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: 46
    The total number of units within the complex.
  • Caretaking

  • Remuneration: $ 137,279
    This is the body corporate caretaker salary. It is included in the Net Income above.
  • Agreement Term: 0 years
    How long is the caretaking contract.
  • Agreement Remaining: 12 years
    How long remains on the caretaking contract before it must be renewed?
  • Agreement Age: 17 years
    How long has the management rights existed.
  • Office Hours: As per agreements
    Required Office Hours
  • Complex Features: Heated pool, Spa, Full tennis court, BBQ facilities, Games Room, Storage, Wi-Fi
  • Real Estate Component

  • Manager's Unit:   2 1
  • Included Real Estate: $ 750,000
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Manager's Car Spaces: 1
  • Office On Title: 1
    Is there a manager's office included on the title?
  • Pets: Yes
    Can the manager own a pet on site?
  • Unit Features: 2 bedroom unit above the clubhouse, Both are on title along with the office
  • Listing Agent Contact Details


    Portrait

    Michael Philpott

    Office : 1300 928 ...
    Mobile : 0433 137 ...

    Send an Email:

    Similar Properties

    Listing Photograph $1,699,000

    Resort / Holiday Management Rights

    Blueys Beach, Newcastle
    • Net Income: $ 267,241 (actual)
    • Remuneration: $ 137,279
    • Manager's Estate (incl): $ 750,000   2   1     Pet Friendly
    All Newcastle Management Rights
    Newcastle Holiday and Resort Management Rights
    Newcastle Permanent Management Rights
    Newcastle Retirement Management Rights
    Newcastle Off The Plan Management Rights
    Newcastle Corporate Management Rights
    Newcastle Student Management Rights
    • Property ID: 3881317
    • Broker's Ref: 8451
    • =7568276
    • Last Update: 4 months ago.
    • Listing Type: Resort / Holiday
    • Price: $1,699,000
    • Blueys Beach, NSW

    Agent Details


    Portrait

    Michael Philpott

    Office : 1300 928 ...
    Mobile : 0433 137 ...

    Send an Email:


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