Beachfront Beauty
$1,725,000
Resort / Holiday management rights, Clifton Beach QLD
Want to walk to Palm Cove along the beach but dont want to pay the multiplier? Look no further. This stunning beachfront complex is being offered for sale -first to inspect will buy. With heaps of potential to increase the income through occupancy and letting pool, this management rights will not last long.
There are no set office hours and no requirement to live on site.
Office on title and views to die for.
Here is your opportunity to live the tropical dream.
Call Alex today for more information on this great business opportunity.
More Information
- Total Purchase Price: $1,725,000
- Net Income: $ 293,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 555,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.0
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?