Luxury Gated Permanent
$2,010,000
Permanent management rights, Pelican Waters QLD
Resort Management Sales are pleased to exclusively present the management rights business opportunity for the prestigious Vardon Point gated community in the highly sought-after heart of the Sunshine Coast. With breathtaking views of the heritage-listed Glasshouse Mountains and the Greg Norman designed Pelican Waters Golf Course, Vardon Point offers a variety of stylish accommodation options including 35 spacious villas and 70 fully fit-out apartments. Vardon Point offers a tranquil and relaxing hideaway surrounded by one of the top golf courses in Queensland. On-site facilities include the full-size floodlit tennis court, leisure and heated lap pools, multiple BBQ areas, plenty of visitor parking, and above all the peace of mind of being in a secure environment. Vardon Point is also pet friendly.
More Information
- Total Purchase Price: $2,010,000
- Net Income: $ 205,466
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 880,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 5.5
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?