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Unveil the Ultimate Management Rights Opportunity - ID 9124
$1,400,000
Resort / Holiday management rights, Palm Cove QLD
Holiday Management Rights for Sale
Discover the Beauty of Beachfront Living
Captivating Features:
- Units: A total of 23 units, each designed for comfort and relaxation.
- Seaviews: Wake up to breathtaking panoramic views of the Coral Sea from every corner of the resort.
Managers Delight:
- Residence: Enjoy the luxury of a spacious 2-bedroom manager's residence, providing a perfect blend of work and living space.
- Long-Term Stability: Secure your foothold with an impressive 23 years remaining on the management rights.
Lucrative Returns and Rewards:
- Annual Remuneration: Revel in the rewards of over $50,000 in annual managers' remuneration, reflecting the success and popularity of Melaleuca Resort.
- Clientele Diversity: With a focus on long-term stays, contractors, and general tourism clients, the resort attracts a wide range of guests, ensuring consistent income.
Investment Insights:
- Multiplier Advantage: A low multiplier of 3 positions this as a standout investment opportunity.
ROI Excellence: Experience an exceptional 33% return on investment, promising both financial stability and growth.
- Your Gateway to Coastal Prosperity: Seize this rare chance to step into the lucrative world of beachfront management rights. Melaleuca Resort Palm Cove offers not just a business opportunity but a lifestyle upgrade.
Location: Absolute beachfront positioning in the exquisite Palm Cove, where sunsets meet the sea.
Net Profit: $245,346
Asking Price: $1,400,000
(Inclusive of Manager's Real Estate)
More Information
- Total Purchase Price: $1,400,000
- Net Income: $ 245,364
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 650,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 3.1
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?