Sold
Management Rights · Nelson Bay · MR007259
Don't miss out on securing an exceptional Management Rights business in beautiful Port Stephens. Comprising 41 units and 36 in the letting pool, there is a huge upside in the opportunity to secure the additional units back in. With high demand for bookings since the end of lockdowns, this business is truly thriving and would certainly be a great asset for a buyer looking to secure a prime opportunity in the heart of Port Stephens. Highly motivated vendors and a solid business present a great opportunity for one lucky buyer.
Exceptional Management Rights Business in beautiful Port Stephens
Don't miss out on securing an exceptional Management Rights business in beautiful Port Stephens. Comprising 41 units and 36 in the letting pool, there is a huge upside in the opportunity to secure the additional units back in. With high demand for bookings since the end of lockdowns, this business is truly thriving and would certainly be a great asset for a buyer looking to secure a prime opportunity in the heart of Port Stephens. Highly motivated vendors and a solid business present a great opportunity for one lucky buyer.
- Net profit
- $292K
- Asking $2,700,000
- Status
- Sold
The business at a glance.
- Upside to increase units in the letting pool
- High demand for accommodation in the area
- Motivated vendors after 18 years in the business
- No onsite living requirements
- Selling for under valuation price
- Restaurant and café, commercial kitchen, office and reception area
- Property inspections are by appointment only
The asset, the manager unit, the location.
Nelson Bay, NSW
Nelson Bay, NSW
Talk to the broker.
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Jacqueline Featherby
Specialist Accommodation Broker, Central Coast NSW, Hunter & Blue Mountains
0424 497 056
02 9904 8224
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