Immaculate Presentation Throughout
$1,395,000
Resort / Holiday management rights, Alexandra Headland QLD
Property is 4.5 star rated with immaculate presentation throughout from dramatic water feature entry through to spotless apartments. All units air conditioned.
- Renovated managers residence with 4 parking spaces asking $650k (Valuation held)
- No Set office hours.
- Excellent BC salary $75k
- Net $230k asking a 3.2 multiplier with 21 years remaining on management agreements.
- Managers pet allowed.
- Close to amenities & restaurants with water views from most apartments
- Well priced and ready to go.
- Internal images are of the managers residence.
This is an excellent opportunity to purchase a solid management rights with a strong income, a realistically priced managers apartment (photos attached) in a popular location. For further information please contact the agency where the buyers go. Resort Management Sales.
More Information
- Total Purchase Price: $1,395,000
- Net Income: $ 231,015
(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: 3.2
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?