3x multiplier and 24% Return on Investment in Paradise! | Resort Brokers ID : MR008151
$1,950,000
Resort / Holiday Management Rights, Agnes Water QLD
ResortBrokers exclusively presents the Management Rights to this breathtaking resort for the first time in 10 years.
Nestled in the vibrant heart of Agnes Water, this prime location is mere steps away from bustling shops and trendy cafes, with the added allure of being a mere 350 meters from the sought-after patrolled beach and Australia's premier northern surf break.
What sets this opportunity apart? Prepare to be impressed! With an impressive 24% ROI and a remarkable 3x multiplier, this offering stands as a pinnacle of competitiveness in the market.
Don't miss your chance to seize this lucrative opportunity today!
- Prime location - closest resort to the beach, cafes, and restaurant precinct
- First time offered in 10 years, with 17 years remaining on the agreement
- Agnes Water Beach voted #2 Best Beach in Queensland in 2021
- Easy to maintain low maintenance grounds
- Separate office/reception with no fixed operating hours
- Sizeable two-bedroom manager's residence
- Inspections are by appointment only
Date updated: 28 Apr 2024 23:00:06
More Information
- Total Purchase Price: $1,950,000
- Net Income: $ 480,756
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 490,000
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
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?