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Industry:  Accommodation  
Business Address: 7/15 Head Street, Forster, NSW, 2428, Australia

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AD ID: B190800002
Asking Price: AUD$2,050,000
Rent:  
Detail business type: Management Rights 
Business Ph: 0439 655 003 
After hours ph:  
Contact Details
Name: Mr. Garry Weir
Advertising Nature: Private Seller 
Company Name:  
Phone: 0439 655 003 
Mobile: 0439 655 003 
Fax:  
Email: garryweir@me.com 
Website: www.sailsapartments.com 
Postal Code: 2428 
Country: Australia 
Comments: Features
SAILS APARTMENTS FORSTER MANAGEMENT RIGHTS FOR SALE

Live and work in Paradise.

Overview
* Ideal location in heart of Forster, 100m to beach and restaurant, 100m to lake梘reat views!
* 23 in the Letting Pool
* High Occupancy with good repeat business.
* 15 years remaining on Caretaking and Letting Agreements (Agreements in place till 2034 plus further increased options can be sought)

Financials
* Nett Income $345,000.00 (approx)
* Residence $445,000.00
* Office $90,000.00
* Business $1,515,000.00

Sails Apartments is a 4.5 star Holiday letting complex with a total of 27 fully furnished stylish apartments. There are 23 easy to manage apartments in the letting pool, 15 two bedroom and 8 three bedroom apartments. The remainder of the complex is comprised of 2 lockups, 1 owner occupier and the Managers residence.

Resort facilities include:
* Swimming Pool
* Heated Spa
* Sauna
* Full sized Tennis Court
* Landscaped Gardens
* Security Allocated Parking + Visitor Parking
* Video Surveillance system

The Reception Office, located on the ground floor, is on title
with a large back office area with private facilities and kitchenette. Multiple Management storage spaces plus Management
has exclusive use of a large linen room.

The Managers Residence, located on the 1st floor, is a modern, spacious 2 bedroom apartment with a large private balcony and a pleasing outlook over the garden and tennis court.

For Sale $2,050,000.

For further enquiries please call 0439 655 003.
  • Busy Traffic Area
  • Business + Residence Available
  • Excellent Location
  • Good Turnover
  • Huge Potential