; "[Holiday Apartments ABM ID #3013]")
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
