Proudly supported by all of the industry's leading brokers
Best Value Beachfront Mooloolaba!
$1,490,000
Resort / Holiday management rights, Mooloolaba QLD
Location, location, location. Bellardoo offers all three!
Arguably Mooloolabas best value holiday resort, this property enjoys a top beachfront location and provides impressive street appeal with all of Mooloolabas many iconic offerings literally on the doorstep.
Excellent well-priced business and real estate that are well worth viewing.
Here is your opportunity to live the tropical dream.
Situated in the vibrant heart of Mooloolaba this cracking business is within a short walk to everything you need from retail shops, cafes, surf club and the world-class Mooloolaba Beach. With topped-up 22.5 year agreements, a solid $203.518 Net and a wonderful two bedroom manager's residence with an office, this is the perfect lifestyle business.
For the motivated manager there is plenty of upside still available with the current occupancy rate at just 60%.
Consistently solid performing business
Topped up 22.5 year agreements
Extremely attractive 3 level walk-up building
Mixed letting business with consistent income
Easy to-manage resort facilities
Built on direct and repeat business with scope to improve ROI
Incredible location in the heart of Mooloolaba Beach, walk to everything
Property inspections are by appointment only
More Information
- Total Purchase Price: $1,490,000
- Net Income: $ 203,518
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 640,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.2
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?