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Boutique Resort in Central Sunshine Coast
$1,165,000
Resort / Holiday management rights, Maroochydore QLD
This property is now for sale as the Management rights only as it no longer requires a manager on site.
Walking distance to Malls, Surf clubs, Restaurants, Cafes surrounding Maroochydore/Cottontree
49 upmarket spacious apartments and 8 commercial sites including cafe ,restaurant, hairdresser and gift shop.
Heated swimming and spa pool running with magnesium make for a very therapeutic swim.
On site laundry storage and cleaning facility with new equipment.
Onsite separate reception area/exclusive use and no office hours
This property offers an easily run business/lifestyle for an astute business couple.
B/C chemical and cleaning room on ground floor.
More Information
- Total Purchase Price: $1,165,000
- Net Income: $ 233,000
(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: 5.0
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