Unparalleled Investment Opportunity!
$5,350,000
Resort / Holiday management rights, Caloundra QLD
This exceptional 4 1/2 star luxury holiday complex boasts picturesque views from Moreton Bay Marine Park, over Bribie Island and Pumicestone Passage to the Glass House Mountains. With an abundance of amenities and only minutes walk to the beach, cafes, restaurants and shops its no surprise this property enjoys such a high guest return rate.
- Very generous B.C salary.
- Stunning location overlooking Bulcock Beach and close to all amenities
- Close proximity to Sunshine Coast tourist attractions
- Solid existing short-term letting pool and high guest return rate
- Only the second time to market since new
- Currently run under management - huge opportunity to increase net
- Close to beach, cafes, restaurants and shops
More Information
- Total Purchase Price: $5,350,000
- Net Income: $ 797,937
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 800,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 5.7
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?