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Large Scale Freehold Tourism Asset - Glamping - Large Land Holding
Internal Ref: 1P3145
Summary
An appealing opportunity to acquire an established management rights business and manager's residence in Merimbula's tightly held Fishpen precinct, directly opposite the sparkling waters of Merimbu...
About the Business
An appealing opportunity to acquire an established management rights business and manager's residence in Merimbula's tightly held Fishpen precinct, directly opposite the sparkling waters of Merimbula Lake.
Merimbula Lake Apartments comprises 11 self-contained holiday apartments, with Main Beach, cafés, restaurants and the town centre all within easy reach. The business delivers strong established earnings while offering an incoming operator genuine flexibility to create the coastal lifestyle that suits them.
The sale includes an updated three-bedroom, two-bathroom manager's residence with private courtyard and lake views. Live onsite and enjoy the traditional management rights lifestyle, or continue the current model of living offsite and holiday letting the residence for an additional income stream.
- Management rights + manager's residence – $1,100,000
- Prime Fishpen position directly opposite Merimbula Lake
- 11 self-contained holiday apartments
- FY2025/26 net profit approx. $191,697
- Reported occupancy approx. 90–92%
- 10-year Caretaker Deed from January 2025
- Rolling 10-year letting agreements, reviewed annually
- Updated 3-bedroom, 2-bathroom manager's residence with lake views
- Flexibility to live onsite or holiday let the residence
- Heated pool, BBQ facilities and landscaped grounds
- Walk to Main Beach, cafés, restaurants and Merimbula town centre
A business, a home and a lakeside lifestyle - all in one of Merimbula's most desirable holiday precincts.
MQ ID: 1P3145
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