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Short Term Business Only Not to be Missed!
$550,000
Resort / Holiday management rights, Maroochydore QLD
Dream riverfront location.
This stunning building with its own private jetty offers the true lifestyle business often boasted about in the M.R sector.
Set on the banks of the Maroochy River, this upscale resort is 10 minutes walk from Cotton Tree Beach which features BBQ facilities and a children's playground, and with the Sunshine Plaza on the doorstep, it offers ideal proximity to everything the Sunshine Coast is famous for.
Key Highlights:
- Great remuneration of $100,127 + GST
- Plenty of upside
- No office hours
- No requirement to purchase a unit
- Manageable letting pool.
- Residence available as separate purchase
- Direct riverfront location
- Plenty of storage
- Easy access via lifts
- Underground secure carparking
More Information
- Total Purchase Price: $550,000
- Net Income: $ 179,849
(projected)
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: 3.1
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