Holiday Apartments ABM ID #3013

Advanced Business Marketing is pleased to offer this stunning holiday accommodation for sale by expression of interest. The offering presents a unique opportunity to acquire a well-established and successful holiday accommodation business in the premium all-year-round holiday destination of the mid north coast of New South Wales, Australia. Comprises 12 fully self-contained apartments, all with balcony & picturesque water views.

Investment Highlights include:

Award winning business

Is a multi- award winning provider of fully self-contained furnished holiday apartments.

Absolute river frontage

The unique location offers guests stunning balcony views over the river, the Pacific Ocean and sub- tropical rainforest

Fully furnished apartments

Each apartment in the complex is a full sized furnished air-conditioned home unit, with separate bedrooms, fully equipped kitchen, bathroom, separate living room and elevated front balcony with scenic views.

High Occupancy

Under the current ownership the occupancy has increased annually. Year ending December 2014 averaged 82.53%

With the expansion to motorway of the Pacific Highway nearing completion, travel times from Sydney and Brisbane will be greatly reduced, with expected increased visitation to the region.

Particulars

Number of Units: 12

Description of Units

The accommodation consists of 6 x 2 bed apartments and 6 x 1 bed apartments. By combining the larger Superior Unit and the Courtyard apartment via interconnecting doors, a Mega Deluxe apartment is created with 3 bedrooms and 2 bathrooms. All are fully furnished and air conditioned.
Coin operated Laundry services available with commercial dryers installed recently. (Shared guest facility)

Staffing

Owner/Operator and up to 3 casuals.

Additional Facilities

Fully operational Receptionist office, Work/Storage area & Barbeque.

Parking

Off-street, undercover for up to 14 vehicles with 2 available for boats. A two car lockup garage provides a further 2 undercover car spaces.

Since purchasing in 2000, the owners have expended a considerable amount of money in the renovation and repair of the building and its surrounds. Thereby ensuring it retains its star rating and repeat custom. Fabulous beaches and coastal scenery provide uncrowded and inviting, surf and river beaches. Many lookouts offering spectacular views are dotted along the headlands with a pristine piece of original rainforest forming the backdrop to breathtaking ocean panorama.

Financials and Land/Building specifications available upon request.

Sell Price $3.8million
ABM ID #3013 

Market Conditions & CompetitionN/A

Financial SummaryN/A

Training & SupportN/A

Reason for SellingWanting to retire

Location State: New South Wales Category Hotel/Motel/Accommodation
Tourism, Leisure & Entertainment

Weekly RevenueN/A Monthly RevenueN/A Annual RevenueN/A

Contact PersonSimon Johnson Price$3800000 Year EstablishedN/A

Phone07 3106 3811 Cashflow$N/A EmployeesN/A

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