Luxury Whitsunday Resort Business with $441,000 Net Profit - ID 9194

$2,150,000

Resort / Holiday management rights, Airlie Beach QLD

Holiday Management Rights For Sale
Stunning Coral Sea Views, Resort Facilities & Flexible Lifestyle

- Net profit of $441,996 (Dec 2024)
- Stable Body Corporate salary: $120,047 + GST
- No fixed office hours flexible operations offering a true balance
- 16 units in the holiday letting pool and ability to grow
- Exceptional views, modern complex, lift, pools, work areas for the managers and low maintenance
- Renovated and modern resort style facilities: 20m infinity edge pool, lap pool with spa, gym, and BBQ
- Modern, exceptional fully furnished 3 bedroom managers apartment with Coral Sea views
- Supportive and proactive Body Corporate and streamlined systems in place
- Ideal for couples or experienced operators offering a solid foundatio
- Just a short walk to Airlie Beach town centre

This is a rare opportunity to secure a high-performing, well-established management rights business in one of Australia's most iconic coastal destinations. With strong returns, resort-style amenities, and breathtaking views, this property delivers an unbeatable lifestyle and business package.

Net Profit: $441,996
Asking Price: $2,150,000
(Inclusive of Manager's Real Estate)

More Information

Financial Overview

Total Purchase Price: $2,150,000
Net Income: $ 441,996 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 650,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: 3.4
_{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.}

Letting Business

Letting Pool: 16
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 16
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 8
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 40
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 120,047
_{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: 2006 years
_{How long has the management rights existed.}

Office Hours: As per agreements
_{Required Office Hours}

Complex Features: High speed lifts, secure undercover parking, tour and activity booking desk, BBQ, gym, 15m lap pool and 20m infinity pool

Real Estate Component

Manager's Unit: 3 2

Included Real Estate: $ 650,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 2

Office On Title: 0
_{Is there a manager's office included on the title?}

Pets: No
_{Can the manager own a pet on site?}

Unit Features: Exceptional living experience with three generous bedrooms, two bathrooms, and one secure car space, all positioned to take full advantage of the resortâs spectacular island and Coral Sea views. Quality furnishings throughout, fully air conditioned. The master suite boasts a spacious ensuite and a large built in wardrobe, while all other bedrooms are well sized with ample storage.