Noosaville Opportunity: Priced at 2.8x - Enquire Now! | Resort Brokers ID : MR008292
$1,800,000
Resort / Holiday Management Rights, Noosaville QLD
ResortBrokers presents an exceptional Management Rights opportunity in Noosaville. This is ideal for prospective buyers looking to enter the MLR industry at an affordable price, with a 15.6% ROI. The investment offers a net profit exceeding $282k and potential for growth with hands-on management.
The resort features a heated pool, hot spa, two barbecue areas, and 20 luxury apartments. The package includes a spacious manager's residence and is priced for a speedy sale at a 2.8x multiplier. With 15 years remaining on the agreements plus a 5-year option, this is a rare opportunity not to be missed.
- Showing a high 15.6% ROI
- Centrally located resort in Noosaville, optimally positioned to leverage the natural beauty and leisure lifestyle of the area
- Currently run passively, offering a unique opportunity for new owners to unlock additional revenue streams through active 'hands-on' management
- Generates a substantial net profit exceeding $282k, with significant potential for growth under new management
- Boasts impressive amenities such as a heated pool, hot spa and two barbecue areas, nestled within lush tropical gardens, enhancing guest experience
- Features a strong letting pool of 20 luxury one and two-bedroom apartments, each equipped with modern amenities and private balconies or patios
- Includes a spacious three-bedroom, two-bathroom manager's residence with an open-plan design that opens onto a private courtyard
- Priced for a speedy sale at a 2.8x multiplier, presenting an attractive investment opportunity
- Offers long-term security with 15 years remaining on the agreements, plus a five-year option
- Inspections are by appointment only
Date updated: 25 Jun 2024 23:00:03
More Information
- Total Purchase Price: $1,800,000
- Net Income: $ 282,346
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 1,000,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
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?