High Net Profit, High ROI Coastal Complex
$2,600,000
Resort / Holiday management rights, Greater Sunshine Coast Region
A well established Sunshine Coast holiday complex offering strong returns, long 24 year agreements, and a prime position just moments from the beach.
Opportunities of this kind rarely hit the market! This business delivers one of the best ROIs on the Coast, a solid base of repeat guests, and an enviable lifestyle to match. The ideal option for those seeking a proven, high performing coastal business with genuine long term upside.
The complex is beautifully presented and enjoys a supportive committee. Theres also flexibility for owners to live offsite if preferred, with the option to rent the managers residence for additional income.
Key Highlights:
High Net Profit of $458,630
Excellent returns and long term agreements
Option to live offsite and earn extra income
Supportive committee and well maintained property
Further details available upon request
More Information
- Total Purchase Price: $2,600,000
- Net Income: $ 458,630
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 750,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.0
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
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?