Stunning Management Rights BUSINESS ONLY Opportunity in Mooloolaba | Resort Brokers ID : MRB007705
$650,000
Resort / Holiday Management Rights, Mooloolaba QLD
Rarely does an opportunity like this come along! Presenting Allure Mooloolaba, an exceptional management rights business located in the heart of one of the Sunshine Coast's most popular destinations.
Don't miss out on this incredible opportunity to secure a premium management rights business in one of Australia's most desirable locations. Contact us today to learn more and arrange a viewing - First to see will buy!
- Business-only one of a kind in the tourism hotspot ofMooloolaba
- Excellent financial performance with strong Net profit
- Premium location just a short stroll fromMooloolabaBeach and local attractions
- Strong and consistent occupancy rates with a high proportion of repeat clientele
- Onsite facility includes a heated, half undercover pool
- Ample opportunity for new owners to take a hands-on approach and further improve operations
- Experienced management team in place for easy transition
- Supportive Body Ccorporate
- Upside potential to grow letting pool and occupancy rates
- Newly developed building only four years old
- Inspections are by appointment only
Date updated: 21 Apr 2024 23:00:04
More Information
- Total Purchase Price: $650,000
- Net Income: $ 147,000
(projected)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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?