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CRE Brokers are proud to be appointed the Exclusive Marketing Agency for this Blue Chip Byron Bay Management Rights opportunity.
This iconic 4 star property is well positioned on the edge of the CBD and has private access to the beach. With great guest reviews and strong forward bookings, this is an outstanding consistently high cash flow business, also offering an enviable lifestyle.
The first time presented to the market for 8 years, this business will be snapped up.
MANAGER'S RESIDENCE : 2 bedroom unit, north facing, ground floor
TOTAL NUMBER OF UNITS : 24 (including Manager)
UNITS IN LETTING POOL : 23
NET PROFIT: $490,665
REAL ESTATE PRICE : $850,000 (includes unit and reception)
BUSINESS PRICE : $2,845,000
TOTAL ASKING PRICE : $3,695,000