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Escape to World Heritage WA | Resort Brokers ID : MR008573
$1,500,000
Resort / Holiday Management Rights, Denham WA
If you love fishing, lifestyle, and blue skies, this highly profitable Management Rights opportunity on the West Coast of WA is for you.
Oceanside Village is a modern 3.5-star self-contained waterfront holiday villas accommodation fronting directly onto the beautiful tranquil swimming beach of Denham, WA. The property is located a short 20-minute drive from the famous Monkey Mia dolphin beach, a major tourist attraction, and is within the Shark Bay World Heritage area which is a recreational fishing mecca.
Offering a 34% return on investment (2.9x Multiple), based on the 2024 owners net profit of $397,000, Oceanside Village represents amazing value for a new owner-operator. The current managers have operated Oceanside Village for over 13 years, and are now looking to move on.
- Outstanding beachfront location overlooking the pristine waters of Shark Bay
- Perpetual Management Agreement with automatic renewal every 2 years
- Three bedroom manager's villa with office on title
- Close to famous tourist attractions such as the Monkey Mia dolphins, and whale watching
- Modern 2003 constructed complex
- Little to no maintenance gardens
- Excellent occupancy
- Property inspections are by appointment only
Date updated: 20 Jan 2025 22:00:01
More Information
- Total Purchase Price: $1,500,000
- Net Income: $ 397,045
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 325,000
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?