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Solid Property Investment, Ocean Views, Once In A Generation Opportunity

First Time Offered To The Market

  • 22 Apartments of various configurations (18 freehold lots of which 16 are in one block).
  • Includes Freehold block (16) of 12 two-bedroom and 4 Studios in one block with adjoining Strata office and Strata 1 three-bedroom, two bathroom, kitchen, laundry and double lock up garage.
  • Additional Strata three-bedroom, two bathroom, kitchen, laundry and double lock up garage available.
  • 4 Strata units under a management agreement adjoining.
  • Pool and barbeque area popular with Corporates and longer-term stays.
  • Most units have views with six having park views and 10 having ocean views.
  • External owners with high quality management in place wanting to remain and established staff and systems.
  • Easily managed as an investment with opportunity for some enhancement.
  • Could easily be owner operated, but the property benefits from the existing team.
  • All the accommodation is of a high standard and the property has a strong future.
  • Long term owners looking to consolidate portfolio and retire.
  • Rare offering that could not easily be replaced that is established in the marketplace.
  • Fantastic investment and long-term holding opportunity with a number of options.

You will be proud to be involved with and own this business and related / attached real estate as it is a quality offering in a quality location.

Confidentiality Conditions Apply

Total Asking Price: $8,000,000

For further information or to arrange an inspection contact:

Michael Philpott
0433 137 927
michaelphilpott@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.

Enquire Now

Business Summary

Property ID: 9061
Location: NSW - Coastal
Price: $8,000,000
Property Type: Freehold
Management Rights
Sale Type: Resort/Holiday

Listing Agent

Michael Philpott

Office: 1300 928 556

Mobile: 0433 137 927

Fax: 1300 927 884

michaelphilpott@mrsales.com.au

Show all of Michael Philpott's listings

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