The Perfect Sea Change
$3,100,000
Resort / Holiday management rights, Trinity Beach QLD
Beautifully presented four star beachfront property.
One of the best I have had the opportunity to market.
Comprising two, three and 4 bedroom apartments, recently upgraded and fully equipped with quality fittings including the two bedroom managers apartment. Perfect flexibility for all guests.
This property enjoys a top beachfront location and provides impressive street appeal.
Excellent very well priced business and property that is well worth viewing.
Stunning, contemporary and beachfront.
Great business with excellent profitability.
Office on title, new agreements and very good body corporate salary.
Here is your opportunity to live the tropical dream.
More Information
- Total Purchase Price: $3,100,000
- Net Income: $ 515,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 725,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.6
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?