MRSales

management rights & resort specialists

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Head Office 1300 928 556

Exclusive Agency – Boutique Apartment Hotel

NSW Management Rights For Sale
Mid North Coast

  • Unique Management Rights opportunity
  • Currently run under management
  • Agreements topped up to 10 years caretaking and 25 year letting
  • Consistent occupancy, over 80%
  • Zoned for short term letting only
  • 100% of apartments in the letting pool
  • Top award winning hotel for the area
  • New furniture packs for all apartments
  • Seven levels with basement parking and roof top entertaining area
  • Check in counter, office and reception area all on title
  • Review – “Perfect location, wonderful facilities, clean and comfortable rooms”

The manager’s residence is a two bedroom apartment with bathroom and ensuite, courtyard, storage areas and a multi-purpose room in the lower basement with 2 car parking spaces.

Net Profit: $669,951
Asking Price: $4,350,000
(Inclusive of manager’s real estate)

For further information or to arrange an inspection of this NSW Management Rights business for sale contact:

Exclusive Management Rights Broker
Phil Trimble
0418 478 966
phil@mrsales.com.au

Every care has been taken to verify the accuracy of the information contained in this document, including photos and artists impressions, but no warranty (either express or implied) is given by the agent as to the accuracy of its contents. Proposed purchasers should conduct their own investigations into all matters relating to the proposed purchase of the management rights business, motel, freehold, leasehold or investment property or any property or business advertised by Management Rights Sales.