Luxury Beachfront Resort with Panoramic Ocean Views!

$2,090,000

Resort / Holiday management rights, Alexandra Headland QLD

Perched atop Alexandra Headland and directly overlooking Alex Heads Beach, this exceptional 4.5-star resort offers an unbeatable 5-star location. Featuring 28 spacious apartments, each with expansive north-facing balconies, the property provides breathtaking panoramic ocean views.

Surrounded by lush tropical gardens, the resort is a sought-after destination for holidaymakers, offering premium accommodation within walking distance of world-class beaches and major Sunshine Coast attractions.

The resort has a well-established short-term letting pool with a high guest return rate, ensuring strong occupancy and consistent revenue. Additionally, there is an extra rental income stream from two units in an adjacent building. A solid body corporate salary is in place, with room for further business growth. The property has a well-documented maintenance history, reflecting the care and attention given to its upkeep.

With its prime location, stable income, and potential for expansion, this resort presents an excellent opportunity for both first-time operators and experienced management couples looking to step into a thriving coastal business.

More Information

Financial Overview

Total Purchase Price: $2,090,000
Net Income: $ 297,752 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 900,000
_{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.}

Letting Business

Letting Pool: 16
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 9
_{Number of units resided in by their owners.}

Lock Ups: 1
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 1
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 28
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 60,397
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 23 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: As per agreements
_{Required Office Hours}

Complex Features: Enjoy the tranquillity of a secluded beach just steps away or unwind on the terrace in a deckchair, taking in the sparkling ocean views. The heated pool and spa offer the perfect place to relax, while those looking to stay active can make use of the gym, get-fit bikes, or enjoy a game in the garden clubhouse. The resort also features a bar and lounge, child-minding services, and barbecue facilities for added convenience. Additional amenities include non-smoking floors, a lift, an outdoor swimming pool, a spa, and a tour desk to assist with local experiences. For entertainment, guests can enjoy electronic games and a pool table, while business travellers have access to facsimile services, telephone lines, wireless internet, and daily mail delivery and pickup.

Real Estate Component

Manager's Unit: 3 2

Included Real Estate: $ 900,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 2

Office On Title: 1
_{Is there a manager's office included on the title?}

Pets: No
_{Can the manager own a pet on site?}

Unit Features: The managers residence is centrally located within the resort, offering a spacious and airy living space. This well-appointed apartment includes three comfortable bedrooms, with the master featuring a private ensuite. Designed for both comfort and convenience, it boasts a large private balcony, two courtyards, and air-conditioning throughout. For secure parking and storage, the residence includes an exclusive-use garage, a separate car park, and two generously sized storage areas. The attached reception office is fully air-conditioned, providing a professional and welcoming space for guests while serving as the operational hub of the business. Additional exclusive-use areas further enhance functionality, making this an ideal setup fora smooth and efficient management experience.