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Ocean Views from All Units
$1,195,000
Resort / Holiday management rights, Alexandra Headland QLD
This business offers an excellent managers residence and is ideal for a single operator with the potential to earn additional income by undertaking cleaning.
- Ideal one person operation
- 4.5 star complex, ocean views from all units with lake view at rear.
- Family sized 3 bed managers residence with large outdoor living area
- Excellent BC salary of $39,342 with 20 years remaining on agreements
- Net income $111,169 (with manager doing the cleans net profit increases to $134,375)
- Central location & growth area
More Information
- Total Purchase Price: $1,195,000
- Net Income: $ 111,169
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 850,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 3.1
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?