Stunning Location at the Heart of the Sunshine Coast

$1,675,000

Resort / Holiday management rights, Alexandra Headland QLD

With sweeping ocean front views, this business is simply located in the perfect esplanade spot, perched on top of the beautiful Alexandra Headland.
Here is your opportunity to live that home and tropical business dream.
This Sunshine Cost business delivers in terms of profitability, plus standard of living for the manager - and ease of management,

Alexandra Headland is enjoying good increases in visitor numbers and top occupancies as the holiday market continues to grow.
This is an established business popular with a large number of return guests.

This well-presented Mediterranean style resort is within close distance of all Mooloolaba and Maroochydore . Guests can stroll to the stunning beach, shops and restaurants .

A charming complex contained within landscaped gardens boasting both an outdoor lagoon pool area and indoor heated pool.
Guests facilities also include a, barbecue area, undercover parking, sauna/spa, tour office and tennis court.

Managers residence is a two-bedroom, two- bathroom apartment, just seconds across to the stunning beaches at Alexandra Headlands and Mooloolaba. Managers office is also on title.
Long agreements, good body corporate salary of $95,643 excluding GST and room for growth make this business a must see.

Call or email Alex today for further information or to arrange an inspection.

More Information

Financial Overview

Total Purchase Price: $1,675,000
Net Income: $ 265,000 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 695,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: 3.7
_{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: 28
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 2
_{Number of units resided in by their owners.}

Lock Ups: 3
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 3
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 36
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 95,643
_{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: 0 years
_{How long has the management rights existed.}

Office Hours:
_{Required Office Hours}

Complex Features: Landscaped gardens, outdoor lagoon pool and recreation area, indoor heated pool, barbecue area, undercover parking, sauna/spa, tour office and tennis court.

Real Estate Component

Manager's Unit: 2 2

Included Real Estate: $ 695,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 1

Office On Title: 1
_{Is there a manager's office included on the title?}

Pets: Yes
_{Can the manager own a pet on site?}

Unit Features: Managers residence is a two-bedroom, two- bathroom apartment, just seconds across to the stunning beaches at Alexandra Headlands and Mooloolaba. The managers office is also on title. Additional exclusive-use areas include two large management storage facilities and a car park.