Luxury Coastal Management Rights: High Income, Prime Location, Offsite Lifestyle
$1.165M - Business Only
Resort / Holiday Management Rights, MAROOCHYDORE QLD
This is a rare opportunity to acquire an established management rights business in one of Queenslands most sought-after locations. Nestled conveniently between Maroochydore and Cotton Tree, this boutique holiday resort offers a low-maintenance, high-return operation suited for an experienced investor or lifestyle buyer seeking a relaxed, coastal lifestyle without the need to purchase a managers residence.
Property Features and Amenities:
49 spacious, high-quality apartments: Each unit is beautifully maintained with modern fittings, ensuring high occupancy and guest satisfaction.
8 commercial tenancies: Including a popular caf and restaurant, which contribute significantly to income streams. Notably, these outlets require no management or maintenance from the complex manager, simplifying operation.
Guest facilities: The resort boasts a heated swimming pool, spa, BBQ area, and fully equipped gymall highly desirable amenities that attract repeat bookings and positive reviews.
Operational Advantages:
Separate reception (exclusive use): Provides a professional, welcoming guest interface with no requirement for standard office hours or onsite presence.
Dedicated Wi-Fi system: Eliminates costly third-party services, ensuring reliable internet connectivity for guests.
Onsite laundry and storage: Fully equipped with new commercial washing machines, ensuring smooth daily operations and guest convenience.
Prime Location and Community:
Central position: Within walking distance to major shopping centres, surf club, riverside parks, and restaurants, offering vibrancy and convenience.
Natural attractions: Close to safe river swimming spots and world-famous surf beaches, appealing to families, surfers, and outdoor enthusiasts.
Family-friendly environment: Located opposite a childrens playground and park, making it an attractive choice for families and leisure travelers.
Financial & Contract Details:
Net profit of $233k annually, with significant potential for growth.
Currently managing 7 apartments, with scope for expansion.
Body corporate salary of $172,000 per year, CPI-adjusted, with 21 years remaining on the contract.
This unique opportunity combines a proven business model with a highly desirable coastal lifestyle, offering security and strong income in a thriving destination.
This business has a Exceptional ROI - Circa 20%
**Ras360 Specialists in Motels | Hotels | Pubs | Parks | Management Rights **
More Information
- Total Purchase Price: $1.165M - Business Only
- Net Income: $ 233,000
(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: 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