Under Contract

High-net beachside MR in supercharged Byron Bay market

ResortBrokers presents an exceptional opportunity to acquire the management rights to Outrigger Bay Apartments, a boutique resort with direct beach access, located in the highly sought-after, tourist hotspot of Byron Bay, NSW.

The Outrigger operates on 100% holiday letting, it is a consistently high performer, boasting a solid occupancy rate and strong forward bookings and ADRs, making it a lucrative investment.

On the back of STRA resolving the changes to cap Air B'nB type accommodations, Byron Bay Management rights properties are set to thrive, savvy investors should be quick to pounce on this one!

  • Incredible Net Profit over $453,000
  • Prime asset in the highly coveted Byron Bay market
  • Stellar performer with 68% occupancy and robust future bookings
  • 100% fully dedicated to short-term holiday letting
  • Oasis style boutique resort with direct beach access
  • Modern, easy-to-manage resort facilities & caretaking duties
  • Significant potential for additional event income
  • Secure investment with renewed 10-year agreements
  • Strong support and rapport with the Body Corporate
  • Inspections by appointment only

 

Listing Ref MR007977
Property Type Management Rights
Sale Type Management Rights - All
State NSW
Region North Coast
Suburb Byron Bay
Net Profit $453,317
Price $2,750,000
Enquire Now
Todd Warner

Interested? Why not give Todd Warner a call on 0438 170 763 or

LinkedIn | VCard | View Profile

Phone Enquire Now