HIGH NETTING, PERMANENT RESIDENTIAL RESORT, NO REQUIREMENT TO LIVE ONSITE
ResortBrokers brings you the rare opportunity to secure the highly desired management rights & associated real estate to HarbourSide Marina Apartments. Located on stunning Hope Island this impeccable residential resort offers a high net, strong occupancy and gives the operator the freedom to live off-site!
Sprawling over a low-maintenance 5-hectare site in this waterside suburb, Harbour Side Marina Apartments is an efficiently run, fully established complex comprising 185 modern apartments. The successful business offers the incoming operators with good scope for growth and is underpinned by a substantial BC salary.
- 185 apartment complex split over 9 three-storey buildings
- High Body Corporate salary of $331,745
- 23 years remaining on Caretaking and Letting Agreements
- 91 apartments in the on-site letting pool with additional 9 external lots
- 34 external agents representing a sizeable potential upside for new manager
- Fantastic facilities including BBQ gazebos, two swimming pools, playground, gym, theatre & function room
- Consistently high occupancy levels ensuring a stable business platform
- Professional reception area, back office area, meeting / lunch room and storage on exclusive use
- Tenanted 3 bedroom / 2 bathroom manager's unit with 6 x car parks under title
- No requirement to live on-site - additional circa $25,000 per annum in gross rent from manager’s unit
- Superb location with easy accessibility to world-class amenity including beaches, major shopping precincts, golf courses, motorway & entertainment