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Management Rights business for sale in Ballina

  • Management Rights
  • Ballina NSW 2478
  • $2,498,000 (GST na)

Business For Sale - Seachange Complex with Growing Profits - ID 8545 H

- Majestic Views of Pacific Ocean and River
- NSW Management Rights For Sale
- Outstanding opportunity with almost 17% ROI and room to grow
- 24 apartments in the letting pool
- Ground floor manager's unit with private outdoor space
- Large on title office and reception
- Low maintenance grounds, pool, spa and gym
- No set hours in the agreements
- Recently restored to as new' glory, the complex of 41 units offers very strong returns with the potential for upside in the booming Ballina/Byron Bay corridor. The building has had a full makeover with new improved exterior, central air-conditioning system refurbishment and the lift upgrade has been paid for and is booked in. With all the groundwork done, the new owner will have the freedom and product to build on the complex's growing reputation and bottom line. As a business opportunity this represents the best of all worlds with great position, lifestyle, Owners Corporation, building and return on investment.

This must see property is ideal for either people looking for an upmarket seachange business or someone looking to expand their portfolio in the blue chip marketplace!

Net Profit: $418,608
Asking Price: $2,498,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this NSW management rights business for sale contact:

Listing Management Rights Broker
Tony Johnson

Business Highlights

Business ID2015492444
Floor Area1m²
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  31 Jul 2019
Map for Ballina NSW 2478Ballina NSW 2478
MRSales
Suite 1 Ground Floor, Equinox Sun Resort 3458 Main Beach Parade Surfers Paradise QLD 4217

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