Proudly supported by all of the industry's leading brokers
Beachside Resort Management Rights, Mooloolaba, QLD Australia
$3,895,000
Resort / Holiday management rights, Maroochydore QLD
COASTAL LIVING AT ITS FINESST IN MAROOCHYDORE ON THE SUNSHINE COAST, QUEENSLAND!
Discover the epitome of Sunshine Coast living at this vibrant management rights complex, centrally located for the ultimate coastal experience. Choose from a selection of spacious 1, 2, and 3-bedroom apartments, each boasting fully equipped kitchens, open-plan living areas, and private balconies. Enjoy modern comforts like ducted air conditioning, full laundry facilities, Foxtel, complimentary Wi-Fi, and secure onsite parking.
Complex Highlights:
- 76 apartments, with 25 dedicated to the letting pool
- Heated outdoor swimming pool, BBQ area, well-equipped gym, and games room
Business Highlights:
- Accommodation Module agreements until 2045 for stability
- No set office hours for added convenience and adaptability
- Body Corporate salary of $180,000 (AUD) per annum
- Nett profit $520,000 (AUD) per annum
Manager's Apartment:
- Expansive three bedrooms, two bathrooms on the second level
- Impressive presentation with a generously-sized outdoor courtyard
- Pet-friendly with approval from the Body Corporate
Explore Maroochydore's Coastal Charm:
- Vibrant coastal town with activities for all visitors
- Nightlife and beach enjoyment in the heart of the Sunshine Coast
- Family-friendly Cotton Tree suburb for picnics and barbeques
- Must-visit Alexandra Headland for surfing enthusiasts
- Scenic coastal walk from Cotton Tree to Alexandra Headland
- Surf Clubs patrolled beach for a safe and enjoyable beach experience
Total Purchase Price $3,895,000
Seize the opportunity to live in luxury and manage a thriving complex in Maroochydore!
More Information
- Total Purchase Price: $3,895,000
- Net Income: $ 520,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 1,245,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 5.1
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
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?