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Iconic Island Resortâ Your Perfect Tropical Business
$1.25M MR&$875k Unit = Total $2.125M
Resort / Holiday Management Rights, POINT LOOKOUT QLD
Iconic Island Resort Your Perfect Tropical Business
With a net profit exceeding $323k and an impressive 15.24% ROI, this iconic resort offers a profitable investment opportunity in a dream island location. Set high at Point Lookout and surrounded by lush Pandanus Palms, Pandanus Palms Holiday Resort combines breathtaking ocean views with the ultimate island lifestyle.
Strong Financials: Includes a $132k Body Corporate salary and 17-year agreements, providing long-term stability.
Steady Income: 37 apartments (24 holiday let) ensure a consistent income stream with potential for growth.
Resort Facilities: Sparkling inground pool, tennis court, and spacious, well-appointed apartments make this a guest favourite.
Modern and Convenient Living: The managers 3-bedroom, 1.5-bathroom unit includes an attached office on title, offering a spacious, well-appointed home with seamless access to the business.
Island Lifestyle: Perfect for a couple seeking a sea change, this resort is cherished by returning families for its stunning views, whale watching, and laid-back atmosphere.
Island businesses with such strong returns and lifestyle benefits are rare. Book your inspection today to secure this exceptional opportunity!
**Ras 360 Property Solutions - Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $1.25M MR&$875k Unit = Total $2.125M
- Net Income: $ 323,920
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 875,000
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?