Amazing complex with large net income in superb location
$5,210,000
Resort / Holiday management rights, Maroochydore QLD
Management Rights for sale Sunshine Coast . This Holiday Resort complex is located with direct access to patrolled beach, It is a large holiday complex and presents beautifully, the resort is superbly located in Cotton Tree Village, which enables you and your guests to take advantage of what the Sunshine Coast has to offer. Walking distance to the Maroochy river, patrolled beaches, and for guests to enjoy the village atmosphere providing magnificent Alfresco dining, Cafe's, and restaurants.
The Resort offers a wide variety of facilities
Two heated pools
Two heated spas
Childrens wading pool
Sauna
Secure undercover parking
Full tennis court
Undercover BBQ facilities
Free tour desk
Private walkway to patrolled surf beach
Lift access to all floors
Security intercom
Free cable TV
Direct dial telephone for local/STD/ISD
Washing machine and dryer in all apartments
Friendly on site managers and staff
Lush tropical gardens
The Cotton Tree Village is right on the doorstep of the beautiful Maroochy River, Its location and facilities make the Resort the perfect choice for families, with affordable well appointed comfortable accommodation and private access to Maroochydores safe, clean, patrolled beach. The Resort is within easy walking distance to Maroochy Surf Club, Maroochydore RSL Club, The Bowls Club, The Library, parks, playgrounds and many fabulous eating places.
Featuring two separate high-rise towers the Resort is situated right beside the beach and within a short distance to major attractions, because of the complex being centrally positioned enables guests to walk to Alexandra Headland, Mooloolaba, Cotton Tree and Maroochydore to enjoy other patrolled Beaches, Surfing, Stand Up Paddle boarding, Kayaking, Fishing and Kite surfing. Maroochydore has an amazing shopping precinct for retail therapy.
The Sunshine Coast also provides some of Queensland's major tourist attractions with Aussie Zoo, Big Kart track, Sealife Aquarium, Aussie World Theme Park, Eumundi Markets, Bli Bli Castle, Big Pineapple and lots more.
This complex has an amazing repeat guest following because of the location, facilities and amenities it provides to its guests.
Please contact agent for inspection.
More Information
- Total Purchase Price: $5,210,000
- Net Income: $ 733,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 960,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 5.8
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?
Wayne Stoll Narelle Filmer
Office : 0459229...Mobile : 0452181505 or 0459229...