Industry:
Accommodation
Business Address:
7/15 Head Street, Forster, NSW, 2428, Australia
Click on pics to enlarge.
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:
Fax:
Email:
garryweir@me.com
Website:
www.sailsapartments.com
Suburb/State:
Forster / NSW
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.