Majestic Ocean Views - ID 8423
$2,200,000
Resort / Holiday management rights, Airlie Beach QLD
Holiday Management Rights for Sale
Whitsunday Lifestyle
- Perched on the hillside overlooking the Ocean and Whitsunday Islands
- 4.5-star property with 18/25 apartments in the short term rental pool
- Fantastic 3 bed, 2 bath managers apartment with roof top deck and panoramic views
- Solid salary underpinning great returns
- Long agreements and supportive owners
- Low maintenance property with good guest amenities
- Ideal couples' operation wanting to live an 'Island Like Lifestyle' without the price tag
When only the best will do! Come to Airlie Beach and bask in the glory of your decision to move and make the gateway to the Whitsunday Islands your new home. This boutique resort will not only assist you with your financial goals but also your lifestyle goals.
Quality air conditioning, a 3 bed, 2 bath apartment will allow you to unwind after a day at work and/or play. Only a short distance from the waterfront, the resort allows guests to relax and unwind onsite or immerse themselves in the local township.
Airlie Beach is the gateway to the Islands and has wonderful weather all year round missing the pure humidity and wild weather of the far north but capturing warmer winters and ideal spring/autumn seasons.
Don't hesitate as this seaside town is fast becoming a new hotspot for southerners moving north and/or domestic and overseas travelers wanting to experience all the Great Barrier Reef and Islands can offer.
More Information
- Total Purchase Price: $2,200,000
- Net Income: $ 326,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 900,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.0
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.
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?