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Superb beachfront resort with growing profits
Beachside Resort Sunshine Coast
Resort / Holiday Management Rights, MARCOOLA QLD
This is a 'must have' property that is growing in profits month on month with healthy forward bookings. This will satisfy buyers to no end with confidence.
This professionally operated business has 75 caretaking lots in total of which 48 apartments, villas, and beach houses form part of the exclusive rental pool of holiday and residential lettings. The swimming pools, bbq area and gymnasium form part of your caretaking duties with extra income that can be gained when offering additional works for the body corporate.
A brilliant managers residence offering comfortable air conditioned living with a backyard that is rare to find.
No mowing required, reception staff in place and exceptional house keeping creates a fantastic property for first timers, experienced operators or 'add on' portfolio buyers.
A must inspect by appointment only is encouraged and confidential.
More Information
- Total Purchase Price: Beachside Resort Sunshine Coast
- Net Income: $ 513,500
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 939,000
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?