Exclusive - Discover a Rare Lifestyle Opportunity and Unique Offering - ID 8781
$1,864,000
Resort / Holiday management rights, Old Bar NSW
New South Wales Management Rights for Sale
Set on 100m of Private Absolute Surf Beachfront - a World Class Experience!
- Scalable Business: Expand your investment with 27 out of 41 units already in the letting pool, and unlimited growth potential.
- Efficient Management: Experience a solid and reliable business supported by efficient management systems for seamless operations.
- Strong Agreements: Benefit from modern, secure caretaking and letting agreements that provide stability and peace of mind.
- Proactive Owners: Enjoy the dedication of proud and proactive unit owners who invest in continuous apartment renovations, ensuring a top-notch experience.
- Resort-style Facilities: Indulge in world-class resort-style facilities, including a solar heated pool, recreation room, and more.
- Renovated Residence: Immerse yourself in luxury with a beautifully appointed, fully renovated managers' real estate and office.
- Great Returns: Maximize your investment with solid and reliable financial figures that guarantee impressive returns.
- Modern Apartments: Relish the comfort and convenience of spacious, well-equipped modern apartments in the picturesque Old Bar.
- Rare Opportunity: Seize the chance to own an exceptionally rare lifestyle opportunity, boasting private surf beachfront and unmatched exclusivity.
Old Bar is a charming coastal town nestled on the Mid-North Coast of New South Wales. With its unspoilt beaches, extensive waterways, and a vibrant village atmosphere, Old Bar offers a perfect blend of natural beauty and convenient amenities for an unforgettable coastal experience.
Don't miss out on this incredible opportunity to own and operate a thriving management rights business in the enchanting coastal town of Old Bar. Take the leap and make your mark in the management rights industry with this exceptional business. Contact us now to secure your future in this thriving coastal paradise.
Net Profit: $320,000
Asking Price: $1,864,000
(Inclusive of manager's real estate)
More Information
- Total Purchase Price: $1,864,000
- Net Income: $ 320,000
()
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 520,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.2
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?