Exclusive - Fabulous Holiday Accommodation For Sale in Airlie Beach - ID 8365

$1,050,000

Resort / Holiday management rights, Airlie Beach QLD

Holiday Management Rights for Sale
Classy Queenslander Style Accommodation

Consistent Success: This very well established business has a sound record of profitability over a very long time.

Substantial Returns: With 22 lots within the complex and 18 keys, this business offers substantial earning potential with most recent figures show a net profit of $240,096.

Accommodation: Flexible holiday accommodation types in well-appointed rooms with louvered windows, air conditioning and all the comforts of home.

Tropical Oasis: Designed as a true getaway, this tow level resort within lush gardens offers a large resort style pool/spa and BBQ area to relax and enjoy.

Manager's Apartment: Live very comfortably onsite in a private two-bedroom apartment with direct access to the office.

A very affordable Management Rights complex in fabulous Airlie Beach which is currently experiencing strong demand for these types of businesses.

Net Profit: $240,096
Asking Price: $1,050,000
(Inclusive of manager's real estate)

More Information

Financial Overview

Total Purchase Price: $1,050,000
Net Income: $ 240,096 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 400,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: 2.7
_{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: 13
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 1
_{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: 8
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 22
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 72,084
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 20 years
_{How long is the caretaking contract.}

Agreement Remaining: 18 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: As per agreements
_{Required Office Hours}

Complex Features: BBQ, Undercover parking

Real Estate Component

Manager's Unit: 2 2

Included Real Estate: $ 400,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 1

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: This first-floor unit boasts a unique layout with a pair of bedrooms, two well-appointed kitchens, and two bathrooms. The charming treetop studio offers a delightful blend of a kitchenette, a bedroom, a lounge, a laundry, and an ensuite, complete with a charming balcony. On the other hand, the pool view room features a spacious bedroom, a fully equipped kitchen, a welcoming lounge and dining area, a bathroom with laundry amenities, and a balcony that directly overlooks the pool, providing convenient access to its refreshing waters.Apartment 1, a highly sought-after ground-floor unit currently owned by management, is also available as part of the management rights sale. This opportunity allows investors to expand the letting pool, supporting effortless operations and additional income potential, all while preserving the resortâs exceptional level of service and quality.