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Beachside Boutique with Impressive Income and Lifestyle | Resort Brokers ID : MR008720
$1,600,000
Resort / Holiday Management Rights, Maroochydore QLD
ResortBrokers presents an exciting opportunity for an entry-level holiday letting business in a popular Maroochydore beachside location. The complex includes 20 apartments, with 15 currently in the letting pool, returning a net profit of over $234,000 and offering a strong Return On Investment.
With 23 years remaining on the agreements, low-maintenance facilities, and no fixed office hours, this business suits an individual or couple looking for a manageable operation and steady income. The managers unit is a semi-renovated ground-floor residence with a private courtyard.
Opportunities at this price point with established income and long agreement terms dont come up often an ideal entry-level option for those wanting a beachside foothold without the premium price tag.
- Profitable asset in prime Cotton Tree location, steps from beach and Maroochydore Surf Club
- Generates a high net exceeding $234,000 with a BC salary over $45,000
- Offers a comfortable, renovated ground-floor manager's residence with a private leafy courtyard
- Delivers a profitable Return on Investment- A strong letting pool with 15 units in the mix, ensuring a steady income stream
- Business offers flexibility with no set office hours and exclusive office use
- Features low-maintenance facilities
- Being sold with 23 years remaining on agreements, with a top-up currently underway and a positive body corporate in place
- Inspections are by appointment only
Date updated: 13 May 2025 10:29:35
More Information
- Total Purchase Price: $1,600,000
- Net Income: $ 234,398
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 930,000
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?