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Iconic Island Resortâ Your Perfect Tropical Business
$1.25M MR&$875k Unit = Total $2.125M
Resort / Holiday Management Rights, POINT LOOKOUT QLD
Dreaming of owning a successful holiday resort on a tropical island? Look no further! Perched high at Point Lookout, surrounded by lush Pandanus Palms, Pandanus Palms Holiday Resort delivers breath taking ocean views and the ultimate island lifestyle.
This established resort is a breeze to manage, with no set office hours, low-maintenance facilities, and 17-year agreements in place. Its the perfect opportunity to enjoy a profitable business while embracing a relaxed island pace.
- Steady Income: With 37 apartments (23 holiday let, 3 lock ups, and 11 owner-occupiers), youll enjoy a consistent income stream with room to grow.
- Resort Facilities: Guests love the sparkling inground pool, tennis court, and spacious, well-appointed apartments, all set against incredible ocean vistas.
- Strong Financials: Net profit of over $323k, including a $132k Body Corporate salary, delivering a solid 15.24% ROI. Agreements are locked in for 17 years, ensuring long-term stability.
- Comfortable Living: The managers 3-bedroom, 1.5-bathroom unit with an attached office on title, offering a great living space with direct access to the business.
- Island Lifestyle: Perfect for a couple seeking a sea change, this resort is a favourite for returning families who come year after year for the views, whale watching, and laid-back atmosphere.
This is a rare chance to step into a thriving island business. Book your inspection today and start living the dream!
** Ras360 Property Solutions Specialists in Management Rights | Motels | Hotels | Pubs | Parks **
More Information
- Total Purchase Price: $1.25M MR&$875k Unit = Total $2.125M
- Net Income: $ 323,920
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 875,000
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?