Address available on request,
Lennox Head, NSW 2478

Hotel, Motel & Leisure

Key property information

Floor area

Tenure type

Sold on

Map

Directions

Business For Sale - Beachfront Beauty, NSW North Coast - ID 7977 H

MANAGEMENT RIGHTS - NSW NORTH COAST

Uninterrupted ocean views in village atmosphere
Just 4 years old with lots of possible upside
Currently 5 units in letting pool with 8 others to be sold
Huge reception and office with Hirum software
Elevator from basement
2 bedroom, air conditioned Managers residence with ocean views
Small pet allowed with Owners Corporation approval

Walk across the road and onto the beach in this seaside village. All 1 bedroom holiday units with permanent living not allowed. This complex is netting $81,000 at a low 2.5 times multiplier. Growth area in Northern NSW

Nett Profit: $81,000 (2.5 multiplier)

Asking Price: $899,000
(inclusive of managers real estate)

For further detailed information on this Management Rights listing contact:
Warren Oliver 0416 216 625 info@mrsales.com.au

Visit our website for a comprehensive range of management rights in Qld & NSW, Australia
www.mrsales.com.au

Lennox Head, 2478 demographic data

The median household income for Lennox Head is $2,081, 45% higher than Regional New South Wales's household income of $1,434. Lennox Head has a younger age profile compared to the rest of Regional New South Wales (median age 42 vs 43). Property ownership data shows 47% of property owners in Lennox Head have a mortgage.

7,687

Population

$2,081 per week

Median household income

42 years

Median age

Owners

Most residents

Families

Most households