Near New Luxury Holiday Resort
$650,000
Resort / Holiday management rights, Mooloolaba QLD
Resort Management Sales is proud to be appointed as agents to market and sell the management rights of one the Sunshine Coasts newest luxury holiday buildings, ALLURE Mooloolaba. On offer here is the business only with an option to purchase the managers unit.
Located in the vibrant heart of Mooloolaba one street back from the world-famous Mooloolaba Beach, Allure Mooloolaba offers superb holiday apartments with all the urban conveniences right on the doorstep.
Allure is a premier luxury near new building with an outstanding north facing position. Close to shops and restaurants at the quieter end of Mooloolaba.
The grounds and facilities are in impeccable order plus the Body Corporate pay for the gardening.
This easy to run building with excellent systems in place is one to take advantage of whether youre a newcomer to the management rights industry or an experienced operator looking for an established and easy to manage Management Rights business.
Plenty of upside here to occupancy rate and the letting pool.
Key Highlights
-Business only purchase
-Superior location one street back from the beach and close to all amenities.
-Solid existing short-term letting pool
-Ideal building for start-up or experienced management couple
-50m from the safe patrolled beach, with water sports & all other amenities
-Lift Access to all floors
-Heated, partially undercover, designer swimming pool
-Beach barbeques and childrens play area are located on the nearby Esplanade. None on site.
More Information
- Total Purchase Price: $650,000
- Net Income: $ 150,000
(projected)
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: 4.3
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?