Management Rights, Incl Freehold home and motel unit

Merimbula, South Coast - New South Wales

URGENT SALE – ALL OFFERS CONSIDERED.

On offer are the freehold titles for a 4 bedroom home and a motel unit PLUS the management rights over a further 17 units PLUS a $24,000 body corporate salary.

The location is stunning- a secluded bushland setting including a delightful swimming pool.

- Great lifestyle on the beautiful south coast
- Main Road exposure
- Large 4 bedroom home with self-contained flat down stairs (valued at around $320k)
- 1 x freehold motel unit (worth around $30k)
- Letting commission over 17 units ($15-25k pa)
- $24k yearly salary
- The cleaning and services rights for the complex
- Plenty of potential as the complex is poorly marketed

This is a fabulous opportunity at the current asking price.

The Facts

$360,000
Management Rights
REF
N918

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

Guest Bathrooms
18

Owner Bedrooms
4

Owner Bathrooms
2

AAA Rating
3.5 Star

Financials
Available on Request

Land Size (approx)
4,000 sqm
(0.99 acres , 0.40 ha)

Inspection: By appointment only