Acquire Prime Accommodation Business - Amazing river views and modern amenities | Resort Brokers ID : MR008413
$3,500,000
Resort / Holiday Management Rights, Thuringowa QLD
ResortBrokers introduces the Itara - Jacana Apartments in Townsville, a prime asset offering river views from all apartments.
This Management Rights property features a cafe operation, boosting net profit and enhancing guest experience. Located near the vibrant Riverway complex and a major shopping centre, it offers diverse accommodation options and has a consistent revenue growth track record.
With efficient, long-term staff, it ensures smooth operations and an easy transition for the new owner.
- Prime asset offering river views from all apartments
- Cafe operation enhancing guest experience and boosting net profit
- Located a short walk from the vibrant Riverway multi-faceted complex
- Track record of consistent revenue growth
- Diverse accommodation options catering to a wide range of guests
- Efficient, long-term staff ensuring smooth operations and easy transition
- Strategically located near a major shopping centre
- Situated in a strong regional Queensland town
- Inspections by appointment only
Video Presentations
Cafe at Riverway:https://vimeo.com/1003442931Itara Apartments:https://vimeo.com/1003443944Jacana Apartments: https://vimeo.com/1003444820Riverway Precinct:https://vimeo.com/1003445577
Date updated: 01 Nov 2024 00:00:04
More Information
- Total Purchase Price: $3,500,000
- Net Income: $ 557,873
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 450,000
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?