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SOLD!
Letting Pool: 34
Number of units the manager is authorised to manage.
Owner Occupiers: 8
Number of units resided in by their owners.
Lock Ups: 4
Number of units owners are not renting out, but also do not live in.
Outside Agents: 1
Number of units being rented by other agents (these could potentially be acquired by the manager).
Units In Complex: 48
The total number of units within the complex.
Remuneration: $ 88,961
This is the body corporate caretaker salary. It is included in the Net Income above.
Agreement Term: 25 years
How long is the caretaking contract.
Agreement Remaining: 22 years
How long remains on the caretaking contract before it must be renewed?
Agreement Age: 0 years
How long has the management rights existed.
Office Hours:
Required Office Hours
Complex Features: Resort facilities include: Landscaped tropical gardens A large, heated swimming pool A childrenâs wading poolSaunaPaved sunbaking terracesA protected barbecue areaSecure undercover parking
Manager's Unit: 2
2
Included Real Estate: $ 1,100,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Manager's Car Spaces: 1
Office On Title: 1
Is there a manager's office included on the title?
Pets: Yes
Can the manager own a pet on site?
Unit Features: The managers unit is spacious and airy, featuring two comfortable bedrooms with a large walk-in robe and well designed bathroom. The fully renovated apartment boasts panoramic river views, a large balcony and private outdoor courtyard. It is also fully air-conditioned.
Prime Location on Noosa Riverfront
$3,200,000
Resort / Holiday management rights, Noosaville QLD
Resort Management Sales proudly present the management rights business opportunity for Munna Beach Apartments, a luxury holiday destination located on the aptly-named Golden Mile in the heart of Australias Sunshine Coast.
Key highlights
Long Agreements
Superior river front location, close to all amenities
Existing short-term letting pool with room for growth
Ongoing marketing plan
Healthy sinking fund
Historic maintenance history
Ideal building for a start-up or experienced management couple
More Information
- Total Purchase Price: $3,200,000
- Net Income: $ 443,427
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 1,100,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.7
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?