Proudly supported by all of the industry's leading brokers
Discover Bribie Islandâ A Premier Investment with Untapped Potential
$464k MR$535k Unit = Total $999k
Resort / Holiday Management Rights, BONGAREE QLD
Discover Bribie Island A Premier Investment with Untapped Potential
Positioned on the peaceful waterfront of Pumicestone Passage, this boutique holiday apartment complex offers a rare blend of lifestyle, simplicity, and profitability. As the only island in the region accessible by bridge, Bribie Island attracts a steady stream of visitors from Brisbane and beyond, making this an exceptional opportunity for investors, management groups, or those seeking a new venture.
Strong Financials: With a proven net profit of $145,682, a secure Body Corporate salary of over $68k, and an impressive 14.51% ROI, this business delivers outstanding returns.
Additional Growth Potential: A newly added unit in the letting pool has already boosted revenue. This additional profit is not yet reflected in the current NOP, providing an immediate revenue uptick.
Operational Simplicity: The well-structured business is easy to manage, appealing to both seasoned operators and newcomers to the industry.
Exceptional Location: Conveniently situated within walking distance to popular restaurants, the Bowls Club, the RSL, and just a short drive from the iconic Sandstone Point Hotel.
Growth Opportunities: Increase revenue by boosting direct bookings, implementing dynamic pricing, and optimising social media and marketing to enhance occupancy.
Island businesses combining lifestyle, location, and solid financial performance are rare. Dont miss this chance to secure a thriving holiday complex with exceptional growth potential. Contact our exclusive agents today to schedule your viewing of Placid Waters!
Ras360 Management Rights | Motels | Hotels | Pubs | Parks
More Information
- Total Purchase Price: $464k MR$535k Unit = Total $999k
- Net Income: $ 145,176
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 535,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
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?