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Rare Low Maintenance. Not required to live on site. No office hours
$430K MR&$750K Unit = Total $1.180M
Resort / Holiday Management Rights, GOLDEN BEACH QLD
This rare low maintenance management rights opportunity occupies a premier Esplanade oceanfront position at Golden Beach, Caloundra, offering unparalleled waterfront living and a proven income stream in a small-scale letting pool with new 25year agreements and no residence requirement.
Easily operated by a 11.5 person team, the business suits those seeking a highquality operationideal for a firsttime manager, semiretired couple, or portfolio acquirer. The renovated managers residence includes a distinct ontitle office and can be lived in or leased for extra revenue. Operations are flexible with no fixed office hours, supported by a reliable body corporate salary, a proactive maintenance program and landscaped, lowupkeep grounds.
The accommodation comprises spacious two and threebedroom holiday apartments with lift access from a secure garage, master ensuite, second bathroom, full kitchen, laundry, open living and dining areas, and expansive balconies that capture the spectacular waterfront outlook. Resort facilities include a heated pool and nearby beachfront parks and BBQ areas; the location is steps from sand, village shops, cafs and a diverse dining scene, with easy access to walking and cycling paths, paddlesports on the passage and surf at Kings Beach.
Consistently strong repeat bookings, a prime beachfront address and turnkey operational arrangements combine to make this a mustsee opportunity for anyone seeking a rewarding coastal lifestyle and proven management rights business.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $430K MR&$750K Unit = Total $1.180M
- Net Income: $ 94,108
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 750,000
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?