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Exclusive Agency - They Dont Come Any Better - ID 8737
$3,240,000
Resort / Holiday management rights, Byron Bay NSW
Byron Bay Holiday Management Rights for Sale
Premier Investment with Stunning Units, Exceptional Amenities, and Prime Location
- 23 spacious units, including exclusive Beach Houses and a stunning Penthouse.
- Each unit boasts expansive open balconies equipped with BBQ facilities.
- Premier location with most units offering picturesque views of the pool and beach directly across the road.
- Enjoy a lagoon-style pool and a heated spa nestled within lush tropical gardens.
- No requirement for onsite living, providing flexible management options.
- Convenient front-door access to a variety of restaurants and bars.
- Just a short stroll to the vibrant heart of Byron Bay.
Exquisitely presented, these iconic management rights in Byron Bay offer exceptional returns and consistently high occupancy rates, making it the perfect opportunity for a thriving family business.
Net Profit: $504,000
Asking Price: $3,240,000
(Inclusive of Managers Real Estate)
More Information
- Total Purchase Price: $3,240,000
- Net Income: $ 504,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 975,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.5
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?