Choose your country

Or view all businesses for sale



Management Rights For Stunning Serviced Apartments - Kiama For Sale

New South Wales, Australia
Asking Price:
Management Righrs $870,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Description: Management Rights for 16 units in stunning Kiama only 1.5 hours from Sydney. One of the South Coast's most popular destinations. Beautifully presented, central main street location, excellent mix of room sizes. Plenty of room for growth.

Rating: 4 star

Construction: 16 units. Three storey brick construction with colorbond roof and brick wall partitions. Variation of unit sizes. Modern and beautifully presented.

Residence: 1 bedroom with built-in wardrobe. Open plan kitchen / lounge/dining, shower/toilet, double carport. Spacious, ideal for couple, modern appointments, above reception.

Age: Built 1998

Clientele: Corporate trade, short break stays, weekend guests, passing trade, relocating guests.

Tariffs: 1 x Bed $170 - $265; 2 x Bed $285 - $365; 3 x Bed $350 - $435; Extra Person $30

Chain Affiliation: No

Lease: Expires 31st January, 2026

Laundry: Linen room only - all linen hired.

Services: Reverse cycle split system air-conditioning, cooking facilities, 2 x in-ground salt pools, electric barbecue

Body Corporate Wage: $46,924
Caretaking: $96,341 (12% Commission of Letting Pool)
Total Net Revenue: $143,265

Occupancy: 54%

Comment: Mix of 1, 2 and 3 Bedroom fully self-contained. Modern 'as new' appearance. Full soft refurbishment in 2014. Main street location, quiet, nothing to do.

MQ Property ID:

To receive updates via your Facebook newsfeed please click here, or visit ---.--------.---/ManentiQuinlan and like our page.

To follow us on Twitter please click here or visit ---.-------.---/ManentiQuinlan

To connect on LinkedIn click here or visit http://---.--------.---/company/manenti-quinlan-&-associates

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will I receive? is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that will send the above details to Manenti Quinlan & Associates. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here