Share this property

realcommercial.com.au

Address available on request Forster, NSW 2428

Address available on request,
Forster, NSW 2428

Hotel, Motel & Leisure

Price information

Sale

Management Rights $2,700,000

Key property information

Floor area

Private inspections

to arrange a private inspection.

Map

Directions

Unsurpassed Luxury Management Rights $600k Net Profit – Mid North Coast NSW - 1P4949MR

As exclusive agents, CRE Brokers are proud to present Sevan Apartments, a magnificent Mid North Coast property located in the heart of the Forster town centre with wonderful views of the lake, town and ocean.

The Property: 37 Luxury Apartments – 30 in the letting pool and no external agents

Financial Performance: Proven and consistent financial returns – 73% occupancy and ability to increase tariffs each year since opening in Dec 2007

Manager's Residence: Quality appointed and spacious 2 bedroom 2 bathroom modern residence

Salient Points: Widely considered the premier accommodation complex in Forster with outstanding relationship with the Body Corporate and Owners in a consistently thriving accommodation region

Reputational Excellence
• Quality Tourism Accredited 4.5 star rating
• TripAdvisor - 4.5/10 Very Good
• Expedia - 9.4/10 Exceptional
• Booking.com - 8.8/10 Excellent

Business Price: 2,000,000
Unit Price: $700,000
Total Asking Price: $2,700,000

Property ID: 504738980Last Updated: 17 Nov 2024

0456 017 6...
realcommercial.com.au logo
Address available on request
Forster, NSW 2428
CRE Brokers - Australia
Unit 4, 10 Lakewood Boulevard
CARRUM DOWNS, VIC 3201

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.