Unsurpassed Luxury Management Rights $600K Net Profit Mid North Coast Nsw - 1P4949Mr

Forster NSW
Asking Price Management Rights 2,700,000
Revenue
Profit
About

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.

5/5 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

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Listed By: Last Updated 12 May 2025
Contact this seller
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Listed By: Last Updated 12 May 2025