129 Terralong Street, Kiama, NSW 2533

Price: $1,550,000

Beautiful South Coast of NSW Management Rights Business For Sale

29589


This management rights business is perfectly suited to the downsizer or first timer to the industry. With all systems in place it only takes minimal hours to run the business. I have young children and it allows me to spend plenty of time with them !

If you are new to the industry there are 2 major things to consider if this is the business for you or not.
1. In my experience you will need a decent cash deposit , around 50% or even more. Banks don't make it easy for the first timer to the industry.
2. Management rights businesses require part of a real estate license to operate, i can assist you with this.

If I've still got you then read on and get in touch to discuss further, good luck!

Tightly held accommodation business in the recently voted #1 town in Australia, Kiama. What an opportunity to live and work in this stunning location. Situated 1.5hrs south of Sydney and 3.5hrs North of Canberra. Kiama is home to Australia's largest blow hole, numerous beaches, cafes, restaurants and iconic Norfolk Island Pines.

Terralong Terrace Apartments comprises 16 x self contained holiday apartments, incorporating a mixture of 1,2 & 3 bedroom apartments. Kiama's only holiday apartments, families love the sheer size of the accommodation.

Consistently rated #1 on TripAdvisor for accommodation in Kiama, Terralong offers the new owner an already established business upon which to build further and reap the rewards. The 24hr automated self-check-in kiosk makes this as passive as it gets running an accommodation business.

All systems are in place for a smooth changeover of ownership, with the vendor staying in the area and happy to provide any support required to help the new owners flourish.

Whilst not a requirement to live on-site, the 2 bedroom manager's apartment gives the owner the option to.

Inspection by appointment only.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
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View Original Listing: For Sale By Owner