Address available on request,
Long Jetty, NSW 2261
Hotel, Motel & Leisure
Key property information
Floor area
Zoning
Sold on
Map
10858MF - PROFIT + LIFESTYLE + INVESTMENT
Only 1.5 hrs north of Sydney nestled in the heart of 'The Entrance' and the Central Coast holiday area is Allamanda Retreat. A luxury resort of 24 furnished self-contained individual strata apartments surrounding a magnificent pool and entertainment facility.
Our client is offering, in one line, 15 apartments over 13 Strata Lots together with the management rights to the entire complex. In this way an opportunity exists to acquire 60 % of the total building stock, control the Body Corporate and secure ongoing management rights.
Via rental income from the 15, letting fees for the other 9 privately owned apartments and management fees, a net annual income is calculated to be in excess of $270,000. Add to this the flexibility of ownership being able to sell off individual apartments in the future, if required, this is an offering that provides extensive upside to the investor / operator.
This is an opportunity to acquire a working lifestyle in a beautiful environment or appoint a manager to run it for you (manager's one bedroom apartment available). For an individual investor or a consortium of investors looking to secure a leisure facility for the family or a holding for a super fund, this property deserves your close scrutiny.
Your earliest inspection of this outstanding facility is highly recommended.
Net profit $276,128.
Contact Warren Sweetman from Tourism Brokers for further information or to arrange an inspection.
Property ID: 10858MF
Property Code: 491
Our client is offering, in one line, 15 apartments over 13 Strata Lots together with the management rights to the entire complex. In this way an opportunity exists to acquire 60 % of the total building stock, control the Body Corporate and secure ongoing management rights.
Via rental income from the 15, letting fees for the other 9 privately owned apartments and management fees, a net annual income is calculated to be in excess of $270,000. Add to this the flexibility of ownership being able to sell off individual apartments in the future, if required, this is an offering that provides extensive upside to the investor / operator.
This is an opportunity to acquire a working lifestyle in a beautiful environment or appoint a manager to run it for you (manager's one bedroom apartment available). For an individual investor or a consortium of investors looking to secure a leisure facility for the family or a holding for a super fund, this property deserves your close scrutiny.
Your earliest inspection of this outstanding facility is highly recommended.
Net profit $276,128.
Contact Warren Sweetman from Tourism Brokers for further information or to arrange an inspection.
Property ID: 10858MF
Property Code: 491
Additional information
External websites
Long Jetty, 2261 demographic data
The median household income for Long Jetty is $1,201, 42% lower than Greater Sydney's household income of $2,077. Long Jetty has an older age profile compared to the rest of Greater Sydney (median age 45 vs 37). Property ownership data shows 43% of property owners in Long Jetty have a mortgage.
6,736
Population
$1,201 per week
Median household income
45 years
Median age
Owners
Most residents
Families
Most households
1300 512 5...
Address available on request
Long Jetty, NSW 2261
Tourism Brokers - NSW, QLD, VIC & TASCentralised Administration: 32 Lamorna Ave
BEECROFT, NSW 2119
BEECROFT, NSW 2119
Contact Agency
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Two Shores Holiday Village, 25 Wilfred Barrett Drive,The Entrance North, NSW 2261 1 m²Hotel, Motel & Leisure • Development Sites & Land • Other
Contact Agent
2-12 & 14 Narrawa Avenue,Blue Bay, NSW 2261 5424 m²Development Sites & Land • Hotel, Motel & Leisure