Situated in a popular Northern NSW coastal town this resort offers outstanding life style and business opportunities. Without serious competition in the town the vast majority of the business is yours. Rental pool security is guaranteed (by laws forbid owners to permanently reside) and 38 of the 40 units are in the pool. The resort is only 10 minutes from Ballina and 15 minutes from popular Byron Bay. The majority of the business is sourced from the local drive market (Brisbane/Toowoomba/Gold Coast) and interstate through the regional Ballina airport.

The resort is a two story walk up and has secure underground parking, excellent facilities including Conference Room, Spa, Steam Room, Lap & Swimming Pools, BBQ’s and popular on-site leased Restaurant. Large linen and house keeping rooms plus a generous workshop are exclusive use. Rental units are a mixture of one, two and three bedroom air conditioned, self contained apartments. Experienced long serving cleaning contractors are in place.

The managers apartment is a spacious two story free standing home with a large office/reception on title and double garage. The office is self contained and can be locked off from the home. Upstairs the home boasts large tiled living areas, two huge bedrooms, en-suite, spa bath and a generous entertaining balcony with views. A third bedroom downstairs is self contained and has dual access allowing it to be used as a studio unit if necessary.

Due to a very young family (three under three) the current managers employ reception staff at a cost of over $40,000 per year plus associated expenses. So if you choose to do the work yourself there is huge upside! The return on business investment, at 25%, is very healthy and could be improved.

Management Rights $1,341,000
Managers House $ 699,000
Total Price $2,040,000

Net Profit $ 336,736

For further information or to arrange an inspection please contact the agent.

Bylaws prohibit owners from permanent occupation so no owner occupiers. Resort pool & 16m lap pool, Heated Spa, Steam Room.
Half Court Tennis.
Large free standing 3 bedroom Managers unit included in Sale price $2,180,000. Asian restaurant on site,
PABX owned by the manager (12 months old), Wireless broadband network.

A copy of the Sustainability Declaration is available on request from the agent.