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Address available on request Port Macquarie, NSW 2444

Address available on request,
Port Macquarie, NSW 2444

Hotel & Leisure

Price information

Sale

$4,350,000

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Floor area

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Business For Sale - Exclusive Agency - Boutique Apartment Hotel - ID 8088 H

NSW Management Rights For Sale
Mid North Coast

- Unique Management Rights opportunity
- Currently run under management
- Agreements topped up to 10 years caretaking and 25 year letting
- Consistent occupancy, over 80%
- Zoned for short term letting only
- 100% of apartments in the letting pool
- Top award winning hotel for the area
- New furniture packs for all apartments
- Seven levels with basement parking and roof top entertaining area
- Check in counter, office and reception area all on title
- Review - "Perfect location, wonderful facilities, clean and comfortable rooms"

The manager's residence is a two bedroom apartment with bathroom and ensuite, courtyard, storage areas and a multi-purpose room in the lower basement with 2 car parking spaces.

Net Profit: $669,951
Asking Price: $4,350,000
(Inclusive of manager's real estate)

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

Exclusive Management Rights Broker
Phil Trimble

Property ID: 504070895Last Updated: 16 May 2022

04184789...
realcommercial.com.au logo
Address available on request
Port Macquarie, NSW 2444
Management Rights Sales - QLD & NSW
170 Scarborough Street
SOUTHPORT, QLD 4215
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