High-Performing Waterfront Business with $315K Net Profit - ID 9201

$1,549,000

Resort / Holiday management rights, Cannonvale QLD

Holiday Management Rights for Sale
Modern Agreements, 4-Star Rated Resort & Premium Marina Location

- Prime waterfront location next to Coral Sea Marina.
- $315,000 net profit (to Dec 2024) with consistent performance.
- 21 units in the letting pool from a total of 32.
- New 14-year agreements (2024) + 5-year extension (2025).
- Current caretaking salary $124,800 + GST with CPI & 4% minimum increases.
- Recognised as a 2025 Best of Queensland accommodation provider.
- Spacious 2-bed, 2-bath managers unit with marina views and office access.
- Two high-clearance garages, two secure onsite car parks, and housekeeping van included.
- Tour desk and guest reception with essentials shop and guest workstation.
- State-of-the-art trust accounting and booking software in place.

This is a rare chance to secure a high-performing management rights business in one of Australias most desirable coastal destinations. With modern agreements, strong and growing income, and a premium waterfront location, this opportunity offers the perfect blend of lifestyle and profit.

Whether you're seeking a sea change, a long-term investment, or a turnkey business with proven returns, opportunities like this dont come around often.

Net Profit: $315,000
Asking Price:$1,549,000
(Inclusive of Managers Real Estate)

More Information

Financial Overview

Total Purchase Price: $1,549,000
Net Income: $ 315,000 (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: 2.9
_{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: 21
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 5
_{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: 6
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 32
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 124,800
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 19 years
_{How long is the caretaking contract.}

Agreement Remaining: 18 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 24 years
_{How long has the management rights existed.}

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

Complex Features:

Real Estate Component

Manager's Unit: 2 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: 1
_{Is there a manager's office included on the title?}

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

Unit Features: 2-bedroom, 2-bathroom pet-approved apartment fully tiled and air-conditioned, offering a private outdoor patio deck with stunning marina and ocean views.