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Gladstone Heights: Ideal for First-Time or Expanding Operators! | Resort Brokers ID : MR008752
$642,000
Resort / Holiday Management Rights, GLADSTONE CENTRAL QLD
ResortBrokers presents an excellent opportunity in Gladstone Heights for first-time buyers or existing operators. This lucrative business features 16 high-quality townhouses, with 11 in the letting pool, and a strong 25-year caretaking and letting agreement. With no expectations to live on site, the managers residence, a spacious three-bedroom townhouse, can be added to the letting pool for increased profit. Located just five minutes from corporate offices and eateries, this low-maintenance business is ideal for executive staff and insurance relocations. With its unique market advantage and operational flexibility, this is a rare chance to secure a management rights business in a thriving market.
- Prime location just 5 minutes from corporate offices and eateries
- Executive townhouses ideal for high-level staff
- Exclusive three-bedroom executive townhouses in Gladstone
- Preferred choice for insurance client relocations
- Popular accommodation for Heron Island tourist
- Effortless operation by a single person
- Low-maintenance business with lifestyle perks
- Flexible living operations with rentable manager's residence
- Inspections are by appointment only
Date updated: 03 Jun 2025 23:00:02
More Information
- Total Purchase Price: $642,000
- Net Income: $ 104,452
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 382,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
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?