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Price Reduction, Owner retiring , Easily run by one person
$525k MR&$850k Unit = Total $1.375M
Resort / Holiday Management Rights, MAROOCHYDORE QLD
Envision each day starting with stunning sunrises over the beach and the gorgeous Maroochy River right at your doorstep. Revel in the enchanting lifestyle of Cotton Tree village, where a warm subtropical climate enhances every moment, and adventure beckons at every corner!
Your dream opportunity is hereown a thriving management rights business in a stunning beachfront location, just steps away (only 50 meters!) from the sensational Maroochydore Beach! This irresistible holiday apartment complex offers the ultimate mix of work, play, and leisure, making it the perfect gateway to a luxurious semi-retirement lifestyle. Excitingly, the profit has increased over the original net profit outlined in the advert since it was listed, showcasing remarkable growth potential!This complex is easy for one person to run , then plenty of beach time just enjoy the lifestyle.
Imagine managing 20 beautifully designed apartments, with 9 currently set for holiday rentals and more ready to join the lucrative pool soon! Immerse yourself in a stress-free caretaking role that ensures flexibility and relaxation, perfectly suited for energetic individuals or couples eager to elevate their income by offering personalized cleaning services.
This extraordinary business venture is fully equipped with innovative booking and management software from Resly, a sleek, eye-catching website, cutting-edge Wi-Fi mesh for flawless connectivity, and streamlined systems that redefine convenience. With minimal maintenance required in this highly coveted location, you truly won't want to miss out!
If youre ready to turn your dreams into reality and embark on the adventure of a lifetime, this is the opportunity you've been waiting for! This fantastic property demands your attentionreach out today for an exclusive information memorandum. Step into your new life in the vibrant Maroochydore community, where excitement and profit await at every turn! Plus, with the option for the management rights top-up extending it back to an incredible 10 years, your future has never looked brighter!
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $525k MR&$850k Unit = Total $1.375M
- Net Income: $ 172,192
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 850,000
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?