MANAGEMENT RIGHTS BUSINESS FOR SALE - BYRON BAY

$2,593,264

Resort / Holiday management rights, Byron Bay NSW

Premier Business Sales are offering to the market an exceptional opportunity to own a stunning boutique management rights property in the heart of Byron Bay one of Australias most sought-after coastal destinations. This well-established business offers a unique lifestyle/investment combination with strong income, minimal caretaking duties, and a beautifully maintained complex that attracts high-end clientele year-round. Live and work in paradise with the flexibility and freedom that only boutique management rights can offer.

KEY FEATURES

- Boutique Resort
- Great return with additional income
- No requirement to live onsite
- Manager's unit currently in the holiday rental pool
- Additional income (not included in P&L)
- Easy to operate under management
- Approved STRA zone

The complex is in a prime location near beautiful Clarks Beach and only walking distance to Cape Byron lighthouse, The Pass, Wategos, Tallows Beach and Byron town centre.Live and work in iconic Byron Bay, a thriving tourism hub known for its natural beauty, relaxed atmosphere, gourmet dining, boutique shopping and vibrant community. Enjoy the flexibility of boutique management rights with great returns in a blue-chip coastal town.

Enquire Now :- Rare opportunities like this in Byron Bay, one of Australias most desirable holiday markets dont last long!

More Information

Financial Overview

Total Purchase Price: $2,593,264
Net Income: $ 290,131 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 1,350,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: 4.3
_{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: 13
_{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: 13
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 23,262
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 10 years
_{How long is the caretaking contract.}

Agreement Remaining: 10 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 26 years
_{How long has the management rights existed.}

Office Hours: No set office hours
_{Required Office Hours}

Complex Features: Underground parking

Real Estate Component

Manager's Unit: 1 1

Included Real Estate: $ 1,350,000
_{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: No
_{Can the manager own a pet on site?}

Unit Features: Beautifully Renovated 1 x Bedroom, 1 Bathroom ,1 car space. Managers unit currently in the letting pool.