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Pacific Heights Holiday Apartments, 1-7 Ocean View Avenue, Merimbula, NSW 2548

Pacific Heights Holiday Apartments, 1-7 Ocean View Avenue, Merimbula, NSW 2548

Hotel/Leisure

  • For Sale
  • $950,000
  • For Sale

  • Floor Area
  • 1 m²
  • Last Updated
  • Oct 12, 2021

Interested in this property? Contact an Agent today

CRE Brokers - Australia

Unit 4, 10 Lakewood Boulevard

Carrum Downs Vic 3201

Merimbula Management Rights Holiday Apartments - 1P5014MR

EXCLUSIVE TO CRE BROKERS

Pacific Heights Holiday Apartments, a rare Management Rights opportunity located in Merimbula, the Jewel of the popular Sapphire Coast NSW.

A low maintenance yard, a large outdoor barbeque area alongside a 13m x 5m wide heated all year round swimming pool with views to die for.

The complex is ideally located within walking distance of restaurants, hotel, clubs, hair and beauty salons, a large supermarket, bakeries, fast food and fishing supply shops.

A guaranteed income per year, this is your chance to capture a growth market. The benefits of working from home could be yours.

TOTAL NUMBER OF UNITS: 29
UNITS IN LETTING POOL: 12 (8 Owner Occupied) plus in the letting pool the beautifully restored Munns Tower House
MANAGER'S RESIDENCE: 3 Bedroom, 3 Bathroom (recently renovated with bathroom & kitchen upgrades)

Total income over three years in excess of 150K per year.
Unit Price: $450,000
Business Price: $500,000
Total Asking Price: $950,000

Contact Adam Sutton at CRE Brokers to arrange an inspection.
You will not be disappointed!

Pacific Heights Holiday Apartments, 1-7 Ocean View Avenue, Merimbula, NSW 2548

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