Permanent Business Only, Sunshine Coast.
$260,000
Permanent Management Rights, KINGS BEACH QLD
Located in the heart of Kings Beach on the Sunshine Coast, Ocean Verge offers an idyllic coastal living experience within a secluded tree-lined street, boasting unparalleled convenience. This property presents an exceptional opportunity for established operators seeking to expand their permanent portfolio. With minimal duties and no office hours, Ocean Verge seamlessly integrates into existing business operations, making it an ideal addition.
For enthusiasts of recreational activities, Ocean Verge provides an array of options to suit all ages and interests. From enchanting rockpools to a child-friendly water fountain and an oceanfront saltwater swimming pool, there are ample opportunities for leisure. Nature lovers and fitness enthusiasts can revel in the nearby parklands, patrolled beaches, and scenic coastal boardwalks, while families will appreciate the well-equipped playgrounds, expansive open spaces, and vibrant community festivals.
Strategically positioned on Verney Street, Ocean Verge offers easy access to the beloved waterfront boardwalk, charming cafes, and the renowned family-friendly Kings Beach, all just a short stroll away. Furthermore, the bustling Caloundra Town Centre is within walking distance, providing an eclectic mix of restaurants, cafes, shops, and popular local bars to explore.
Beyond its immediate surroundings, Ocean Verge benefits from proximity to a diverse range of beaches, each with its own distinct character and dedicated following. From the tranquil shores of Golden Beach to the lively atmosphere of Bulcock Beach and the rugged beauty of Shelly Beach, Moffat Beach, Dicky Beach, and Currimundi, there is no shortage of coastal experiences to enjoy.
Ocean Verge encapsulates the essence of coastal living, offering a blend of convenience, leisure, and community in one desirable location on the Sunshine Coast.
More Information
- Total Purchase Price: $260,000
- Net Income: $ 57,492
(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: 4.5
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
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?