Excellent Business Opportunity at Superb Price

$1,350,000

Resort / Holiday management rights, Trinity Beach QLD

Four star holiday property 200 m to lovely Trinity Beach.
Provides a good mix of accommodation with one bedroom apartments and two bedroom mezzanine apartments catering for up to 5 people.
Great managers apartment suitable for a family.
Excellent office /reception areas providing a very welcoming entry for all guests.
Overall a very good property with an excellent business.
Consistent repeat clientele. Absolute top salary and new agreements.
The managers apartment has great living space and options.
Excellent business opportunity to purchase at this multiplier.
Call Calvin for further information and to arrange a property inspection.

More Information

Financial Overview

Total Purchase Price: $1,350,000
Net Income: $ 316,325 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 525,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: 2.6
_{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: 24
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 7
_{Number of units resided in by their owners.}

Lock Ups: 1
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 1
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 35
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 95,806
_{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: 24 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: Four star holiday property 200 m to lovely Trinity Beach. Provides a good mix of accommodation with one bedroom apartments and two bedroom mezzanine apartments catering for up to 5 people. Great managerâs apartment suitable for a family. Excellent office /reception areas providing a very welcoming entry for all guests. Overall a very good property with an excellent business. Consistent repeat clientele. Absolute top salary and new agreements. The managerâs apartment has great living space and options. Facilities include Salt water pool, Heated Spa, BBQ area, Large covered Cabana, Undercover parking, Tour desk, Free Wi-Fi. Excellent business opportunity to purchase at this multiplier.