SHARP PRICE REDUCTION AS SELLERS ARE COMMITTED ELSEWHERE | Resort Brokers ID : MR008111
$1,495,000
Resort / Holiday Management Rights, TRINITY BEACH QLD
ResortBrokers is proud to exclusively bring to the market this family-friendly management rights business in the thriving Trinity Beach area.
Trinity Beach Club Holiday Apartments consists of a mix of one-bedroom apartments and loft apartments which are perfect for the family stays quite often associated with this property. Trinity Beach is known for being a sporting hub and the property quite often attracts families for this reason.
The manager's apartment is connected by two adjoining lots and features three-bedrooms, two-bathrooms and enormous living areas, both inside and outdoor courtyard area. The office and supporting back office areas are also on the title.
- 24 years and 8 months remaining on agreements.
- Great mix of accommodation types suitable for couples and families.
- Large salary of $95k per annum and large net profit of $316k.
- 2 minutes walk to beach, shops and restaurants.
- Extremely large managers accommodation with large outdoor courtyard.
- Strong repeat clientele.
- Beautiful pool, spa and barbecue area.
- Priced to sell immediately.
- Inspection by appointment only.
Date updated: 28 Apr 2024 23:00:05
More Information
- Total Purchase Price: $1,495,000
- Net Income: $ 316,325
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 525,000
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?