Golden Opportunities - What Suits You?
Options from $1,050,000
Resort / Holiday management rights, Golden Beach QLD
Golden Opportunity 1
$1,050,000
Managers Unit, Office and Caretaking Agreement
Golden Opportunity 2
$1,250,000
Managers Unit, Office and Caretaking and Letting Agreements
Golden Opportunity 3
All Offers Considered - Letting Pool Only
========================================================================
NOT INTERESTED IN RENTALS!
GOLDEN OPPORTUNITY 1 IS PERFECT FOR YOU
Level 1 Apartment with Balcony looking across the "Pumicestone Passage", 3 Bedrooms, 2 Bathrooms.
Ground floor office space to be used as you like - Private Storage or your own private study
Lock up Garage for 1 car
Attend to Caretaking Duties as per Agreements
Salary of $56,144 plus GST if registered
No Specific Office Hours
No need to open the office
No Need to Live on site so you can rent the unit to generate additional income and live locally to attend to caretaking duties
WANT TO BE FULLY INVOLVED IN MANAGEMENT RIGHTS?
GOLDEN OPPORTUNITY 2 IS FOR YOU
Everything as per Golden Opportunity 1
Rentals as detailed below
Manage the existing rental pool by buying the business as a "walk in walk out" going concern
Ensure you have a Full Real Estate Licence to cover some external Rentals and to Sell Apartments for additional income
Maintain the Office as required by the Letting Agreement
No need to live on site! - Rent the unit for additional Income and live locally! In excess of $30,000 pa
ALREADY A MANAGEMENT RIGHTS OPERATOR?
GOLDEN OPPORTUNITY 3 IS A FANTASTIC EXPANSION OPTION
See letting details below
All OFFERS will be considered
present your written offer for consideration
Sails Resort Golden Beach is a much loved holiday destination on the southern end of the Sunshine Coast with a high degree of repeat guests. The property has been run for many years by a single operator and is suitable for people new to the industry. Very attractive for an existing operator looking at expanding their current business.
Ideally located providing owners and guests the ability to walk to all major local shopping centres and experience everything there is to love about Golden Beach, Caloundra and Kings Beach, all accessible from the adjacent Coastal Pathway.
The new owner will require a Full Real Estate Licence as the business includes a number of external rental managements. By having your Full Real Estate Licence you can then also be involved in the sale of units, something the existing manager has done as part of the Local Agent Onsite Team, a good way to assist your owners and secure an additional financial benefit as a result of your relationship building over the years.
Only have a Resident Letting Agent licence not a problem business can be sold with just the rentals in the building. Happy to talk about all different options.
THE FACTS
3 Bedroom Managers Unit is Located on Level 1 with views across The Pumicestone Passage, across to Bribie Island and out to the shipping channel.
The office located on ground level and the lock up garage are both On Title.
Occupation Authorities are held for multiple storage areas on level 1 - used for linen etc. Garden shed and pool pump room are also covered under the occupation authorities.
Required Hours
"maintain and staff the Office between 10AM and 3PM Monday to Friday (excluding public holidays) and during such additional hours as are reasonably necessary to provide the Letting Services"
Apartment Costs
Body Corporate Levies - 6 Month Period 1/11/2023 to 30/04/2024 is $3932.30 with Pay On time discount applied (Estimate of $7864.60 on a yearly basis)
Council Rates - 6 Month Period 1/7/23 to 31/12/23 is $1484.52 (Estimate of $2969.04 on yearly basis)
For further information and to arrange your private inspection please contact the listing Agent
More Information
- Total Purchase Price: Options from $1,050,000
- Net Income: $ 180,047
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 850,000
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?