South Coast Management Rights, 48% Net

Merimbula, South Coast - New South Wales

The views from this management rights complex are truly panoramic! Enjoy a wonderful lifestyle and good income in one of the south coasts fastest growing towns.

- Managers' unit (freehold) valued at $400k
- Netting about $63k/pa, makes the return on business 38% (2.1x) for FY2010
- 9 units in the letting pool
- Owner's residence is a 3 bedroom unit with great views and plenty of room
- High occupancy rate

Merimbula has a commercial airport with regular flights making it a very popular place to live and holiday

The Facts

$530,000
Management Rights
REF
N1001

Operating Status
Operating
Tourism Region
South Coast, New South Wales
Guest Bedrooms
18

Guest Bathrooms
9

Owner Bedrooms
3

Owner Bathrooms
1

Financials
Unit $400k, MRs $130k, Netting $63k (FY2010)

Inspection: By appointment only