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HIGH ROI + PRIME WATERFRONT LOCATION + LIFESTYLE

Dreaming of an exciting new lifestyle, where you can live and work by the water? This incredibly successful management rights business ideally located in a beautiful NSW coastal town is only 2.5 hours from Sydney CBD, and 40 minutes from Newcastle.

Dreaming of an exciting new lifestyle, where you can live and work by the water? This incredibly successful management rights business ideally located in a beautiful NSW coastal town is only 2.5 hours from Sydney CBD, and 40 minutes from Newcastle. The Boathouse Resort Tea Gardens represents an ideal opportunity for both first-time operators and experienced management rights owners. It offers 24 of the 33 units in the letting pool, with the potential to secure at least two more in 2025/2026 as apartment sales progress. Genuine lifestyle flexibility, with exceptional income, proven over 21 years of operation, a perfect scale for a husband and wife team supported by a loyal team of contractors. The Boathouses’ 4-star accommodation is complemented by impeccably maintained grounds and resort-style guest facilities. Recently refreshed with major pool upgrades and a full exterior repaint, the property presents as new, offering an ideal turnkey opportunity. Increased revenue generated during the peak season from December through April presents a significant incentive for early settlement by the incoming operator. Don’t miss this outstanding opportunity; our motivated vendor is committed to a sale as they move into retirement.

Net profit
$1.3M
Asking price
Asking price
$1.3M
Management Rights - All

The business at a glance.

  • Prime waterfront location - incredible work/life opportunity
  • No requirement to live onsite + no real estate to purchase
  • Established operational systems, easily maintained common areas
  • Excellent guest relationships - active subscriber list of 5,500 loyal clients
  • 18-year letting and 10-year caretaking agreements (NSW maximum term)
  • Supported by a loyal team of housekeepers, receptionist and gardeners
  • Outstanding resort facilities and large, well-presented rooms
  • Awarded 2025 NSW Gold List Achiever for dedication to excellence in tourism accommodation
  • Property inspections are by appointment only
HIGH ROI + PRIME WATERFRONT LOCATION + LIFESTYLE

Tea Gardens, NSW

Tea Gardens, NSW

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Jacqueline Featherby

Jacqueline Featherby

Specialist Accommodation Broker, Central Coast NSW, Hunter & Blue Mountains

0424 497 056
02 9904 8224

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Same model our brokers use to appraise. Adjust net profit, multiplier, real estate component. The result is indicative — independent appraisal available on request.

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Indicative total$1,250,000

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