Proudly supported by all of the industry's leading brokers
Fantastic Riverfront Location with dual living potential.
$2,600,000
Permanent management rights, Maroochydore QLD
Rare opportunity to acquire a thriving management rights business in the heart of Maroochydore, one of the fastest-growing regions on the Sunshine Coast. With a stable income, this business delivers a strong net profit, which is complemented by a large remuneration of $163,800.
Key Highlights:
- Stable Letting Pool 39 permanent rentals plus 9 holiday letting units
- Plenty of upside with 25 outside agents
- Long-Term security with agreements in place for 21 years
- Resort-Style Complex with waterfront location with easy access to stunning beaches, major
shopping precincts, schools, and the Sunshine Coast Airport
- Prime Location
- Potential for dual living
Maroochydore is rapidly transforming into the Sunshine Coasts premier business and lifestyle hub, thanks to the ongoing development of the new Maroochydore CBD. This multi-billion-dollar project is set to drive economic growth, attract new businesses, and increase demand for accommodation, making this an excellent time to invest in a well-established management rights business.
The area already boasts a vibrant mix of cafes, restaurants, and retail outlets, with major infrastructure projects enhancing transport links and lifestyle appeal. With the Sunshine Coast Airport expanding and major businesses relocating to the region, the future for property and tourism in Maroochydore is set to boom!
Unique Managers Unit:
The managers residence is a spacious four-bedroom unit cleverly configured into three separate dwellings, plus an office, offering flexibility for a multi-generational family or potential for additional rental income (approximately $31,000 per year /not included in net profit).
With a booming local economy, strong financials, and long-term security, this opportunity is ideal for an owner-operator looking to capitalize on Maroochydores exciting future
More Information
- Total Purchase Price: $2,600,000
- Net Income: $ 331,623
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 1,000,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.8
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?