Exclusive - Lifestyle Business Opportunity - ID 8405

$895,000

Resort / Holiday management rights, Tin Can Bay QLD

Holiday Management Rights for Sale
Flexible Income and Growth Potential in Beautiful Tin Can Bay.

- Waterfront lifestyle business in a picturesque location.
- Holiday letting pool with 7 out of 11 units for flexible income streams.
- Low workload: Owners clean with support from a casual cleaner.
- Income growth potential: Opportunities to increase repairs, maintenance, and marketing to boost revenue.
- 21 years remaining on the Accommodation Module agreement (expiring in 2045).
- No onsite residency requirement, allowing flexibility to live locally and rent both your units for additional income.
- Renovated living spaces: A downstairs studio and upstairs 1-bedroom unit overlooking the water.

Perfect for someone seeking a great work-life balance with flexibility and the potential for growth!

Tin Can Bay is a charming coastal town located just 30 kilometers from Gympie, offering a relaxed lifestyle surrounded by stunning natural beauty. With easy access to both the Sunshine Coast and Brisbane via the new Gympie Bypass, Tin Can Bay is an idyllic location for those seeking a peaceful yet connected coastal retreat.

Net Profit: On Application
Asking Price: $895,000
(Inclusive of manager's real estate)

More Information

Financial Overview

Total Purchase Price: $895,000
Net Income: $ 0 ()
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 600,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: 0.0
_{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: 7
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 4
_{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: 11
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 0
_{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: 21 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 26 years
_{How long has the management rights existed.}

Office Hours: As per agreements
_{Required Office Hours}

Complex Features: Swimming pool, BBQ, Wi-Fi, Foxtel

Real Estate Component

Manager's Unit: 2 2

Included Real Estate: $ 600,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 2

Office On Title: 1
_{Is there a manager's office included on the title?}

Pets: No
_{Can the manager own a pet on site?}

Unit Features: No need to reside onsite. Renovated downstairs studio unit with kitchenette and small enclosed patio. Upstairs is a renovated 1-bedroom unit with full kitchen, separate bedroom and balcony