Rarely Available Beachside Resort Management Rights, Maroochydore QLD Australia
$3,984,000
Resort / Holiday management rights, Maroochydore QLD
PRIME BEACHSIDE LIVING IN MAROOCHYDORE ON THE SUNSHINE COAST, QUEENSLAND!
1Agency presents an exclusive opportunity to own the management rights and associated real estate of this beachside resort on the stunning Sunshine Coast. Nestled between Maroochy River and Maroochydore/Mooloolaba beaches, this property offers a peaceful tropical beachside experience without the usual noise and congestion.
Key Features:
- Affordable 2 and 3-bedroom self-contained apartments
- Balconies overlooking lush gardens, tennis court, and pool/spa
- Breathtaking ocean views from levels 4 and above
- 25-year accommodation module agreements with $164,456 (AUD) body corporate remuneration
- Nett profit $579,280 (AUD)
Manager's Residence:
- Beautifully renovated with 2 bedrooms and convertible study
- Ground-floor convenience with patio for outdoor relaxation
- Attached office included, 3 basement parking bays, and spacious storage cage
Explore Maroochydore:
- Vibrant coastal town with a range of activities
- Cotton Tree suburb for family-friendly picnics and BBQs
- Alexandra Headland for surfing enthusiasts
- Cotton Tree Shopping Village, library, and Bowls Club nearby
Total Purchase Price: $3,984,000
Discover the perfect blend of coastal living and managerial ease!
More Information
- Total Purchase Price: $3,984,000
- Net Income: $ 579,280
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 800,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 5.5
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?