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Coastal living with a great business | Resort Brokers ID : MR008121
$1,400,000
Resort / Holiday Management Rights, Lammermoor QLD
Unlock the door to your beachfront three-bedroom apartment and next business venture at LAmor Holiday Apartments, a prestigious property perfectly positioned in the tranquil Lammermoor, just moments from the bustling Yeppoon.
This extraordinary opportunity combines a luxurious coastal lifestyle with a prosperous business venture, offering savvy investors a chance to achieve financial success while enjoying the benefits of a premier holiday destination.
- Experience the perfect blend of business and coastal living.
- Benefit from a strong, repeat customer base, including extended-stay corporate guests.
- Enjoy a robust partnership with Blue Care and the local hospital.
-Relish the security of long-term agreements, with two decades remaining.
- Take advantage of low operational costs.
- Appreciate the ease of maintaining the property grounds.
- Delight in the property's prime location, just minutes from Yeppoon's city centre and directly opposite Lammermoor Beach.
- Offer guests unique, individually styled, air-conditioned apartments with stunning island views.
- Inspection by appointment only.
Date updated: 29 Dec 2024 22:00:02
More Information
- Total Purchase Price: $1,400,000
- Net Income: $ 212,068
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 700,000
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?