A True Tax-Free Havenâ Boutique Resort 3 Hours Flight From Brisbane | Resort Brokers ID : LH007403
$2,300,000
Motel (Leasehold) hospitality, Port Vila OFFSHORE
ResortBrokers brings an exclusive opportunity to acquire a fully refurbished, beachfront resort on tropical Vanuatu. Island life awaits astute investors and/or experienced resort operators to take the helm and reshape the future of this truly stunning ocean-front property located in Paradise Cove on Vanuatu.
Coco Beach Resort is a fully refurbished, beach-front holiday complex with amazing ocean views. On-site amenities include a new lobby, upgraded water-front restaurant and renovated swimming pool with deck.
- Total of 15 studio bungalows with modern decor& A/C
- Large water-front restaurant and bar / new kitchen
- Newly refurbished swimming pool and timber deck
- 10 minutes' drive from Port Villa
- Estimated net profit of $320,000
- Property inspections are by appointment only
Date updated: 21 Apr 2024 23:00:03
More Information
- Total Purchase Price: $2,300,000
- Net Income: $ 320,360
(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
This is the approximate number of years the business' revenue would pay for the business component.
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.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?