Premier Dual Key Resort Trinity Beach

$4,154,415

Resort / Holiday management rights, Trinity Beach QLD

Two adjoining properties in a premier Trinity Beach location.
Separate office and reception combines to run both properties.
Lovely mix of quality dual key apartments, many with Lagoon views and providing much flexibility of room type.
Excellent on-site resort facilities including independent restaurant & bar.
The beach, shops & other restaurants are only minutes walk away.
Good agreements and a top salary of $110k along with a stable 85 key rental pool provide excellent business security. Vehicle check-in access to Office and Reception. This top property and excellent business, has a high nett profit and is well worth serious consideration.

Confidentiality Conditions Apply.

Call Calvin for full property information and Inspection arrangements.

More Information

Financial Overview

Total Purchase Price: $4,154,415
Net Income: $ 0 ()
_{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: 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: 85
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 6
_{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: 7
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 101
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 110,000
_{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: 23 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:
_{Required Office Hours}

Complex Features: Two resort pools with the infinity pool heated, BBQ and entertaining areas, full sized tennis court, onsite bar restaurant, gym, free Wi-Fi, Foxtel, secure basement parking, lift to all levels in one property, tour desk, minutes walk from beach.