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Prime beachfront management rights! | Resort Brokers ID : MR007128
$1,590,000
Resort / Holiday Management Rights, Mooloolaba QLD
Rarely do businesses of this calibre come up for sale. Situated on The Esplanade in Mooloolaba, there is almost no land left to build new resorts on the beachfront so the demand for such well-positioned businesses is abundant. With high occupancy rates all around the area, Mooloolaba is a great place to invest.
- Proactive comittee with major upgrades planned
- Large three bedroom residence
- Prime Mooloolaba Esplanade location
- Opportunity to increase the letting pool
- Huge growth opportunity
- Minimal ground and gardens
- Property inspections are by appointment only
More Information
- Total Purchase Price: $1,590,000
- Net Income: $ 200,000
(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?