Acquire a Thriving Management Rights Business Just 2.5 Hours from Sydney! | Resort Brokers ID : MR008419

$4,500,000

Resort / Holiday Management Rights, NELSON BAY NSW

ResortBrokers introduces the Mantra Nelson Bay, a stylish holiday resort just 2.5hrs from Sydney. With 94 of 110 self-contained apartments in the letting pool, this property promises excellent control and robust returns. The resort features a 25m pool, spa, barbeque area, gymnasium, and conference facilities. The existing Accor franchise partnership ensures a steady stream of loyal guests. This is an ideal investment for a consortium or operator seeking healthy returns in the booming holiday destination of Nelson Bay.

- A strong, established business ideal for an experienced operator or consortium seeking a healthy $915k net profit.
- Boasts 110 diverse self-contained apartments, including two and three-bedroom units and penthouses, with 94 in the letting pool.
- Includes a manager's apartment and a conveniently located office/reception area on title.
- A well-established team onsite delivering exceptional service to support a fluid ownership change.
- Features a range of appealing facilities, including a 25m swimming pool, spa, barbeque area, gymnasium, and conference and meeting facilities.
- The ever-growing tourism powerhouse of Nelson Bay flourishes in strong visitation
Date updated: 22 Dec 2024 22:00:03

More Information

Financial Overview

Total Purchase Price: $4,500,000
Net Income: $ 914,909 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 650,000
_{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.}

Letting Business

Letting Pool: 94
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 5
_{Number of units resided in by their owners.}

Lock Ups: 10
_{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: 110
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 170,376
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 4 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: Must be available at the complex between 7am and 6pm daily excluding public holidays
_{Required Office Hours}

Complex Features: 110 apartments across three buildings nestled around a 25m lagoon pool with solar heated, spa, fitness centre, two BBQ and entertaining areas and children's water fountain area, secure undercover parking, conference and boardroom facilities,. Centrally located, you'll be set to explore Port Stephens from your self-contained, airconditioned 2 and 3 Bedroom Apartment or Penthouses, all within walking distance of everything Nelson Bay has to offer including a 27-hole golf course and variety of amenities and activities.