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No Live Onsite - $135K Verified Income, Caretaking Only, Dual-Airbnb Potential - Rare Kings Beach Find!
Crazy 3.7x - $500k MR + $998k Unit = Total: $1.49m
Permanent Management Rights, KINGS BEACH QLD
No Live Onsite $135K Verified Income, Caretaking Only, Dual-Airbnb Potential Rare Kings Beach Find!
Imagine running a business where your income is stable, predictable, and stress-free and where the beach is literally at your doorstep. This rare management rights opportunity in Kings Beach delivers a verified $135,373 p.a. purely from caretaking duties, making it a rock-solid base for your financial future.
For those looking to grow the income, theres an optional opportunity to acquire letting appointments, each with the potential to be converted into short-term holiday rentals tapping into the thriving Sunshine Coast tourism market. Its a flexible model that gives you the choice between maintaining a low-stress, steady business or expanding into higher-yield returns.
Offered at a low 3.7x multiplier, this is exceptional value for a blue-chip coastal location.
The complex features resort-style amenities including a sparkling pool and fully equipped gym. A 20-year accommodation module agreement (with CPI-reviewed salary) provides long-term security, while no live onsite requirement and nominee-friendly terms open the door for both lifestyle buyers and investors.
Managers Unit Flexible Coastal Living with Airbnb Potential
Enjoy your own bright and spacious 3-bedroom, 2-bathroom residence with secure parking and a private balcony perfect for morning coffees or relaxed evenings. The unit also features dual access, allowing for easy separation into Airbnb-style rooms if desired, creating additional value and income flexibility within the business.
This is priced to sell, and opportunities like this dont last long. Make an offer before its gone!
**Ras360 Specialists in Motels | Hotels | Pubs | Parks | Management Rights **
More Information
- Total Purchase Price: Crazy 3.7x - $500k MR + $998k Unit = Total: $1.49m
- Net Income: $ 135,373
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 998,000
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?