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WHERE THE RAINFOREST MEETS THE REEF - ID 8674
$720,000
Resort / Holiday management rights, Wongaling Beach QLD
Holiday Management Rights For Sale
Wongaling Beach Nestled Between Mission Beach North & South
- Consistent Performing Holiday Complex
- 13 dual key units in the holiday pool
- Low maintenance grounds, resort pool, spa and BBQ area for guests
- 2 bedroom, 2 bathroom, ground floor managers residence
- No set hours in the agreements and positive Body Corporate
- Cleaners in place to allow time for lifestyle pursuits
- Ideal couples lifestyle business
- Wanting to relocate to a quiet beachside lifestyle? Look to further.
Good sized renovated, ground floor managers unit that offers 2 bedrooms and 2 bathrooms. Perfect position for guests wanting to slow down and retreat from the hustle and bustle of life. This will be an ideal shore point base to visit Dunk Island when it is re-opened. Council improving local infrastructure and foreshore areas will only help the local businesses grow. Come and see what all the hype is about this could be the next area to boom tourist wise.
Net Profit: $190,422
Asking Price: $720,000
(Inclusive of managers real estate)
More Information
- Total Purchase Price: $720,000
- Net Income: $ 190,422
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 300,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 2.2
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?