Luxury Accommodation Management Rights, Caloundra QLD Australia
$2,109,500
Resort / Holiday management rights, Caloundra QLD
IMMERSE YOURSELF IN COASTAL LUXURY AT THE HEART OF CALOUNDRA ON THE SUNSHINE COAST, QUEENSLAND!
1Agency is thrilled to showcase this exceptional holiday resort, perfectly situated in the vibrant heart of Caloundra. Boasting a prime location with full resort facilities, this gem is a gateway to everything Caloundra has to offer from breathtaking beaches to trendy boutiques, shopping centers, and renowned cafes and restaurants.
Key Features:
- Spectacular 360-degree views of Pumicestone Passage, Bribie Island, Pacific Ocean, and Glass House Mountains
- Net figure of $295,000 (AUD) per annum for holiday lettings
- $108,634 (AUD) per annum body corporate salary
- Accommodation module with 18 years remaining (5-year top-up for the new owner at settlement)
- Management unit with 3 bedrooms, 2 bathrooms, and 2 car spaces
Business Highlights:
- Nett profit of $295,000 per annum
- Enjoy the perks of holiday lettings and a lucrative body corporate salary
Explore Caloundra Queensland's Top Tourism Town:
- Vibrant street art adorning the Southern Belle of the Sunshine Coast
- Recently awarded Queensland's Top Tourism Town
- Trendy eateries, epic attractions, and family-friendly activities
- Abundance of shopping destinations for a delightful retail therapy
Total Purchase Price: $2,109,500
Discover the perfect blend of coastal luxury and profitable investment in Caloundra! Seize the opportunity to own this management unit and experience the charm of Queensland's coastal paradise.
More Information
- Total Purchase Price: $2,109,500
- Net Income: $ 295,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 900,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.1
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?