Strong Returns&Unmatched Lifestyle in a Blue-Chip Beachfront Location | Resort Brokers ID : MR008653

$1,250,000

Resort / Holiday Management Rights, TRINITY BEACH QLD

ResortBrokers presents an exceptional management rights opportunity at The Bellevue, Trinity Beach. This prestigious holiday complex, set on a 4,500sqm site, offers breathtaking views of the Coral Sea and Macalister Ranges. Comprising 26 luxury apartments, it features world-class amenities including a pool, spa, and barbecue area. With 11 apartments in the letting pool and potential for expansion, this asset promises strong financial returns and a lifestyle-friendly operation. The package includes a spacious managers residence, ensuring seamless management. Rated highly on major platforms, The Bellevue is a blue-chip coastal business opportunity.

- Trophy asset in a prime coastal destination just 20 minutes from Cairns
- Ideal lifestyle business for a two-person team in a tropical coastal setting
- Established and profitable management rights with a strong income track record
- Sought-after clifftop location with high occupancy 2& 3 bedroom apartments
- Easy-to-manage property with only 11 units genertating great income
- Beautifully appointment apartments with ocean and garden views, direct beach access, and premium amentities
- Solid net income with growth potential through strategic letting pool expansion and marketing
- Inspections by appointment only
Date updated: 01 Apr 2025 00:00:03

More Information

Financial Overview

Total Purchase Price: $1,250,000
Net Income: $ 234,233 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 574,998
_{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.}

Letting Business

Letting Pool: 11
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 14
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 26
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 70,505
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 20 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: No set hours
_{Required Office Hours}

Complex Features: Beautifully appointed 1,2 and 3 bedroom Fully self contained apartments. Ocean view and Garden View available. Direct Beach Access via the stairs leading to the Esplanade. Toddler Pool Secured gated complex Under cover parking