Beachfront in Agnes Water

Location

Agnes Waters

Status

For Sale

Exclusive

Price:

$2,400,000

Manager's Unit:

Two Bedrooms

2 Bedrooms

Two Bathrooms

2 Bathrooms

One Parking

1 Car Park

Business Overview

Located in central Agnes Water on the main road to 1770, and with direct beach access to the most northern surf beach on the east coast, this long-established resort is diversified to cater for the budget one-night traveller, through to families in luxurious 2, 3 and 4 bedroom Beach Homes, 7 with their own private plunge pools.

The accommodation comprises of a 9-room motel, double occupancy studios and family studios, 1 bedroom and 2-bedroom Garden Villas, and in the gated Beach Homes section, twenty-four, 2, 3 and 4 bedroom Beach Homes.

The excellent licensed on-site restaurant is independently operated.

Standout Features:

  • The excellent licensed on-site restaurant is independently operated.
  • No requirement to live on site, however, a 3-bedroom managers apartment is included in price.
  • The office / reception is the management lot and is part of the sale. ($350k)
  • Large inventory of equipment including housekeeping van, trailer, golf buggies and gardening tools included ($100k+)
  • Large, leased swimming pool for motel, Studios and Garden Villa guest use.
  • Beach Homes pool, heated spa and BBQ pavilion.
  • Potential future management of houses under construction.
  • Annual occupancy 67%
  • Outstanding return on investment

Nett Income: $531,987
Manager's Unit Value: $350,000
Remuneration: $143,240

Amenities

Swimming Pool

Swimming Pool

BBQ Facilities

BBQ Facilities

Opposite Beach

Opposite Beach

Restaurant

Restaurant

Adam Langer
Adam Langer

0468 317 321

adam@managementrights.com

Enquire About This Opportunity
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