Unsurpassed Luxury Management Rights $600k Net Profit Mid North Coast NSW - 1P4949MR

As exclusive agents, CRE Brokers are proud to present Sevan Apartments, a magnificent Mid North Coast property located in the heart of the Forster town centre with wonderful views of the lake, town and ocean.

The Property: 37 Luxury Apartments 30 in the letting pool and no external agents

Financial Performance: Proven and consistent financial returns 73% occupancy and ability to increase tariffs each year since opening in Dec 2007

Manager's Residence: Quality appointed and spacious 2 bedroom 2 bathroom modern residence

Salient Points: Widely considered the premier accommodation complex in Forster with outstanding relationship with the Body Corporate and Owners in a consistently thriving accommodation region

Reputational Excellence
Quality Tourism Accredited 4.5 star rating
TripAdvisor - 4.5/10 Very Good
Expedia - 9.4/10 Exceptional
Booking.com - 8.8/10 Excellent

Business Price: 2,000,000
Unit Price: $700,000
Total Asking Price: $2,700,000