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HIGH ROI + $317K NP + PRIME WATERFRONT LOCATION + LIFESTYLE | Resort Brokers ID : MR008942
$1,250,000
Permanent Management Rights, Tea Gardens NSW
Dreaming of an exciting new lifestyle, where you can live and work by the water? This incredibly successful management rights business ideally located in a beautiful NSW coastal town is only 2.5 hours from Sydney CBD, and 40 minutes from Newcastle.
The Boathouse Resort Tea Gardens represents an ideal opportunity for both first-time operators and experienced management rights owners. It offers 24 of the 33 units in the letting pool, with the potential to secure at least two more in 2025/2026 as apartment sales progress.
Genuine lifestyle flexibility, with exceptional income (Net Profit circa $317k), proven over 21 years of operation, a perfect scale for a husband and wife team supported by a loyal team of contractors.
The Boathouses 4-star accommodation is complemented by impeccably maintained grounds and resort-style guest facilities. Recently refreshed with major pool upgrades and a full exterior repaint, the property presents as new, offering an ideal turnkey opportunity.
Increased revenue generated during the peak season from December through April presents a significant incentive for early settlement by the incoming operator. Dont miss this outstanding opportunity; our motivated vendor is committed to a sale as they move into retirement.
- Prime waterfront location - incredible work/life opportunity
- No requirement to live onsite + no real estate to purchase
- Solid, healthy net profit of circa $317k + high return on investment
- Established operational systems, easily maintained common areas
- Excellent guest relationships - active subscriber list of 5,500 loyal clients
- 18-year letting and 10-year caretaking agreements (NSW maximum term)
- Supported by a loyal team of housekeepers, receptionist and gardeners
- Outstanding resort facilities and large, well-presented rooms
- Awarded 2025 NSW Gold List Achiever for dedication to excellence in tourism accommodation
- Property inspections are by appointment only
Date updated: 20 Oct 2025 17:03:00
More Information
- Total Purchase Price: $1,250,000
- Net Income: $ 317,434
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours