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Calling all MLR investors: No reside on-site, generate ROI from your unit | Resort Brokers ID : MR007982
$1,830,135
Resort / Holiday Management Rights, ALEXANDRA HEADLAND QLD
ResortBrokers proudly presents an exceptional coastal Management Rights opportunity in Alexandra Headland. This stunning business includes 27 ocean-facing apartments, complete with a manager's unit, all offered at a fantastic price. With a solid letting pool and steady trade, this opportunity stands out.
But here's the best part - there's no requirement to reside onsite, and you can add your unit to the holiday letting pool to enjoy substantial returns on your investment.
Benefit from consistently high occupancy rates driven by the incredible location and recently extended agreements spanning 25 years. This is a rare offering, presenting a tried and tested successful business model. It's ready to buy now, offering you the chance to jump straight in and start reaping the rewards.
- Beach frontage in a prime coastal location
- No requirement to reside onsite
- Manager's unit can be added to the holiday letting pool
- Manager's apartment with stunning ocean views available at an affordable price
- Resort-style amenities including a putt-putt golf course and swimming pool
- Easy maintained external areas with a strong BC salary
- Proven trading history
- All major refurbishments completed for easy management
- Potential for increased tariffs with strong holiday demand
- Stable investment with long agreements of 25 years
- Inspections are by appointment only
Date updated: 17 Nov 2024 22:00:02
More Information
- Total Purchase Price: $1,830,135
- Net Income: $ 294,482
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 770,000
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?