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A Golden Life at Golden Beach
$1,300,000
Resort / Holiday management rights, Golden Beach QLD
This beautiful Management Rights is offered exclusively by CBMR Resort Sales.
With an Esplanade Ocean front position at stunning Golden Beach, Caloundra, in the Sunshine Coast, a truly wonderful lifestyle awaits.
It is a small and boutique, easily run letting pool, with no obligation to live on site and new 25-year agreements - this ticks all the boxes.
A 1 / 1.5 person operation allows the operators to enjoy the stunning views and Golden Beach lifestyle just a few steps to the sand and a short walk to an array of restaurants and amenities. Spacious two or three bedroom holiday apartments feature lift access from secure garage, master bedroom with ensuite, second bathroom, full kitchen, lounge and dining area, laundry and huge balconies with spectacular views of Pumicestone Passage, Bribie Island and The Pacific Ocean.
The manager's residence can be let out to generate excellent additional income if desired, or the new manager can enjoy this spacious and well-designed residence with separate office on title to providing total flexibility of operation.
No set office hours, Good body corporate salary (low maintenance grounds) ongoing maintenance scheme, and a stunning location make this a must see.
More Information
- Total Purchase Price: $1,300,000
- Net Income: $ 100,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 870,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.3
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?