Iconic Mooloolaba Absolute Beachfront
$3,095,000
Resort / Holiday management rights, Mooloolaba QLD
Iconic Mooloolaba property with all apartments north facing with direct boardwalk and beach access and no roads to cross...guests can go from bed to beach in 60 seconds. Mooloolaba is the perfect destination with a relaxed beach culture and a variety of coastal and hinterland experiences on the doorstep. Ideally positioned next to SEA Life and The Wharf, and only a short stroll to designer shops or al fresco dining.
Located in the heart of the Sunshine Coast, this prime absolute beachfront accommodation ensures all guests holidays are truly memorable. All of the well-designed 2 apartments have two bathrooms, well equipped kitchens, washing machines & dryers, and flat screen TVs.
Key Highlights
- Easy operation. Could be run by one person
- Ranked number one on Trip Advisor
- Prestigious absolute beachfront stunning property
- Close to cafes, restaurants and shops
- Stable letting pool with many loyal returners
- Long 22.5 Year agreements
- Simple and straight forward business model with excellent systems in place
More Information
- Total Purchase Price: $3,095,000
- Net Income: $ 428,259
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 895,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 5.1
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?