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Iconic Beachfront Holiday Management Rights in Mid North Coast - ID 9118
Price on Application
Resort / Holiday management rights, Forster NSW
NSW Holiday Management Rights for Sale
Genuine Opportunity - All Offers Presented
Rare One In A Lifetime Location
Discover the ultimate sea-change opportunity with this beachside Management Rights now for sale. Embrace a thriving business and lifestyle nestled on Forster's picturesque Mid North Coast.
- Prime Location: Overlook Forster's Main Beach from this remarkable 10-story holiday accommodation property, just an hour from Port Macquarie and 3 hours from Sydney.
- Profitable Portfolio: 23 deluxe self-contained apartments with captivating ocean views and a solid letting pool of 20 units, ensuring control and profitability.
- Proven Returns: Enjoy consistent net profit and growth, supported by financials from a reputable industry accountant and strong management agreements backed by Body Corporate.
- Modern Manager's Residence: A contemporary 2-bedroom, 2.5-bath apartment with a sweeping wrap-around balcony and direct access to on-site facilities.
- Systemised & Low Workload: A very easy-to-run business with streamlined systems in place, ideal for experienced or first-time operators.
- Wealth Generation Opportunity: Excellent scope to build equity and income in a growing tourism hotspot.
- Fantastic Lifestyle: Live and work in a stunning coastal location with all the lifestyle benefits Forster has to offer.
- Best Business in Forster: Rarely available, highly regarded business in one of NSWs most desirable beachside towns.
- Unmissable Investment: Capitalise on the surge in domestic tourism and secure your slice of Forster's thriving real estate market.
With its idyllic location between Sydney, Tamworth, and Port Macquarie, Forster offers a perfect blend of tranquility and convenience. Visitors and residents alike are drawn to its vibrant community, diverse dining scene, and array of water-based activities, including surfing, fishing, and dolphin watching.
Net Profit: $441,849 (31 January 2025)
Total Asking Price: Price on Application
(Inclusive of manager's real estate value at $1,000,000)
More Information
- Total Purchase Price: Price on Application
- Net Income: $ 441,849
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 1,000,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
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.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?