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Banora Point, address available on request

Banora Point, address available on request

Hotel/Leisure

  • For Sale
  • $854,000
  • For Sale

  • Floor Area
  • 1 m²
  • Last Updated
  • Apr 06, 2021

Interested in this property? Contact an Agent today

Premier Business Sales - Gold Coast

8 Croft Court

Tugun Qld 4224

Deborah Tilley

Well Maintained Permanent Management Rights Northern NSW

This management rights business comes with 25 year agreements with 23 years remaining on both agreements, no office hours and additional income from outside work if you desire ($10,000 which is not recorded in the P&L).

Ideally located in Banora Point, NSW and is an attractive and well maintained permanent complex which ticks all the boxes.

With the potential to increase the net income/profit, this offering will suit the discerning buyer who can make the most of a great opportunity.

All equipment required for the upkeep of the complex is supplied and maintained by the Body Corporate and with a solid Body Corporate salary and a good rental income stream, this is a business that will suit a first time operator or someone with experience in the Management Rights industry.

- 16 units in the letting pool
- 3 bedroom managers residence with renovated kitchen and bathroom, enclosed patio/yard, car parking and pet friendly
- Pool and spa in the complex

Close to schools and an array of shopping, cafes, service clubs and transport, this complex is a must see.

Net Profit $100,435

Property Code: 589

Banora Point, address available on request

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