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Price Reduced - Security with Long Term Contracts - ID 9136
$1,990,000 Negotiable
Resort / Holiday management rights, Greater Melbourne Region
Victorian Management Rights for Sale
Work & Play in One of Victorias Premier Locations
Just Over an Hours Drive from Melbourne
A Prestigious Opportunity in a Prime Destination
- Resort-Style Management Rights in a highly sought-after holiday and corporate retreat.
- Exceptional Location Nestled between two of Australias top 25 golf courses.
- Strong Corporate & Leisure Market A popular destination for corporate clients and holidaymakers alike.
High-Quality Facilities & Features
- 37 well-appointed units, with 31 in the letting pool.
- On-site 2-bedroom managers unit (available separately).
- Conference room, restaurant & bar, prestigious indoor and outdoor dining spaces.
- Resort-style amenities including a swimming pool, fitness centre, tennis court, childrens playground, and ample parking.
- Popular, fully staffed day spa a key attraction for guests seeking relaxation.
- Secure long-term agreements in place, ensuring stability and consistent income.
- Separate 2-bedroom investment unit (available for purchase separately).
Motivated Vendors Negotiable Price!
This already competitively priced business is negotiable, with vendors eager to retire. Don't miss this rare chance to secure a high-net-profit business with a long-term lease in a premier Victorian location.
Adjusted Net Profit: $415,819 for 23/24
Total Asking Price: $1,990,000 Negotiable (Business Only)
(Option to purchase Manager's Residence for $400,000)
More Information
- Total Purchase Price: $1,990,000 Negotiable
- Net Income: $ 415,819
(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