Listing ID: 733
Whether you're looking to semi-retire, or you're seeking the perfect sea-change, this is an excellent opportunity to live in a beautiful coastal town and be your own boss.
On offer here are the management rights to a successful 9-unit holiday letting business, plus a freehold manager's unit, in Scotts Head, a top location right on the Pacific Ocean.
10km from the Pacific Highway, and 480km from Sydney, Scotts Head is popular with tourists and surfers, thanks to its great beach, picturesque scenery, frequent whale and dolphin sightings, and proximity to Coffs Harbour, Nambucca Heads and Kempsey.
This very strong investment gives you the chance to buy a freehold one-bedroom unit, as well as managing 9 fully self-contained one and two-bedroom Strata Titled units.
All units have individual management agreements with each owner, and a separate management agreement with the Body Corporate.
An ideal business for a couple, the current owners work approximately 30 hours p/w, with holiday seasons being the busiest time. Their work consists of daily unit cleaning and washing, as well as maintenance of the grounds and general administration.
The complex boasts many regular guests, especially older couples, and the owners enjoy a very social lifestyle.
At a glance:
- All equipment and linen owned by the Management Rights business
- Freehold open plan, one-bedroom, one-bathroom manager's unit
- Complex located opposite a top surfing beach, with most units enjoying panoramic views over the ocean and mountain scenery
After 9 years, the current owners are ready to retire, offering a fabulous lifestyle business opportunity to a new buyer, in a highly sought-after location.
Scotts Head, New South Wales 2447