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Low Maintenance & High Profit on the Sunshine Coast - ID 8586
$498,000
Resort / Holiday management rights, Kings Beach QLD
Sunshine Coast Management Rights For Sale
Live Offsite - Flexible Work Life Balance
- Holiday management rights opportunity
- 31 apartments with 9 in the letting pool
- Ocean and hinterland balcony views
- Low maintenance grounds
- Swimming pool, heated spa and sauna
- Poolside BBQ
- Secure underground car park and lift access to apartments
- Close proximity to beach, eateries and local attractions
- No office hours - holiday letting can be managed offsite providing a great work life balance
- No real estate to purchase
Opportunity for another business only add-on which is easily run with a good income. Call Now!
Net Profit: $162,000
Total Asking Price: $498,000
More Information
- Total Purchase Price: $498,000
- Net Income: $ 162,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 3.1
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