Victorian Coastal Dream - ID 9136

$1,890,000

Resort / Holiday management rights, Greater Melbourne Region

Victorian Management Rights for Sale
Work & Play in One of Victoria's Premier Locations

- Strategically located between two of Australias top 25 golf courses
- A total of 38 well-appointed units
- Offering high quality facilities conference room, restaurant & bar, resort style swimming pool, well equipped fitness centre, ample car parking, tennis court, day spa, guest laundry and parking
- High net profit, steady income and long-term lease in place

Net Profit: $407,209 (30/6/25)
Total Asking Price: $1,890,000 (Business Only)

More Information

Financial Overview

Total Purchase Price: $1,890,000
Net Income: $ 407,209 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 0
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: 4.6
_{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: 31
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 7
_{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: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 38
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 62,368
_{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: 12 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 21 years
_{How long has the management rights existed.}

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

Complex Features: Restaurant, Swimming pool, Fitness Centre, Bar, Tennis Court, BBQ facilities, Conference Facilities, Day Spa, Guest Laundry, Guest Parking