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Address available on request Lennox Head, NSW 2478

Address available on request,
Lennox Head, NSW 2478

Hotel, Motel & Leisure

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Business For Sale - Beachfront Beauty, NSW North Coast - ID 7977 H

MANAGEMENT RIGHTS - NSW NORTH COAST

Uninterrupted ocean views in village atmosphere
Just 4 years old with lots of possible upside
Currently 5 units in letting pool with 8 others to be sold
Huge reception and office with Hirum software
Elevator from basement
2 bedroom, air conditioned Managers residence with ocean views
Small pet allowed with Owners Corporation approval

Walk across the road and onto the beach in this seaside village. All 1 bedroom holiday units with permanent living not allowed. This complex is netting $81,000 at a low 2.5 times multiplier. Growth area in Northern NSW

Nett Profit: $81,000 (2.5 multiplier)

Asking Price: $899,000
(inclusive of managers real estate)

For further detailed information on this Management Rights listing contact:
Warren Oliver 0416 216 625 info@mrsales.com.au

Visit our website for a comprehensive range of management rights in Qld & NSW, Australia
www.mrsales.com.au

Property ID: 5537830Last Updated: 5 Dec 2013

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Address available on request
Lennox Head, NSW 2478
Management Rights Sales - QLD & NSW
170 Scarborough Street
SOUTHPORT, QLD 4215

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