Iconic Mid North Coast Management Rights Business Opposite the Beach in Coffs Harbour - 1P5731MR

EXCLUSIVE TO CRE BROKERS. Coffs Harbour is experiencing enormous growth in the tourism accommodation sector. It is also on the cusp of a long term accommodation boom via a range of long term infrastructure projects already attracting national sporting and cultural events.

The apartments, operated by a husband and wife team, are located directly opposite Coffs Harbour's most popular and patrolled beach, the No.1 Family Hotel and Park Beach Bowls Club

Location Plus: Only a 5 minute walk to a large Retail Shopping Centre, numerous eateries and tourist attractions and 5 km from the airport. A 5 min walk to a brand new aged-care facility that will soon be home to an estimated 700 residents + staff.

If you are looking to secure a thriving business & unit whilst living the lifestyle many people dream about then Tradewinds Family Apartments must be a consideration.

Owner's residence is a large ground floor 2 bedroom 1 bathroom unit with a rear grassed courtyard, ideal for pets and entertaining.

TOTAL NUMBER OF UNITS : 30
UNITS IN LETTING POOL: 11
NET PROFIT : $150,000

REAL ESTATE PRICE : 675,000
BUSINESS PRICE : $550,000
TOTAL ASKING PRICE : $1,225,000