Freehold & Management Rights Opportunity
The Lady Bay Resort offers hospitality operators a unique opportunity to acquire a successful, established business, underpinned by a substantial freehold component.
Located in Warrnambool, a bustling coastal town 3 hours south-west of Melbourne, the Lady Bay Resort is situated a stones'throw from the beach and is extremely popular with both the leisure/ tourism market as well as the coprporate sector, for either short term or long term visits.
The management rights contains 62 apartments in the letting pool. These apartments generate an agreed return for the management rights company.