PRIME HOLIDAY LOCATION SELLING AT ONLY 2.95 X
$1,395,000
Resort / Holiday management rights, Coolum Beach QLD
This low maintenance, easily run resort has a quiet, family friendly atmosphere, yet is only a 2 minute stroll to all that Coolum has to offer.
Coolum Beach Getaway Resort is a masterpiece of design and functionality. From the moment you step inside, you're greeted by a warm and welcoming atmosphere that instantly puts you at ease. The townhouses are spacious and airy, with plenty of natural light and a layout that encourages relaxation and comfort. Whether guests are traveling with family or friends, theyll appreciate the ample space and thoughtful amenities that make this resort a true home away from home. Each two and three bedroom air conditioned townhouse has a fully self contained kitchen, lounge/diner, separate laundry room and individual, secure lock-up garage for the guests vehicle, most with internal access to the unit.
Whether you're looking for a great investment opportunity or simply want to experience the best in hospitality, this complex is sure to exceed your expectations.
More Information
- Total Purchase Price: $1,395,000
- Net Income: $ 228,759
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 710,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 3.0
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?