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Fabulous is the Only Word
$1,835,000
Resort / Holiday management rights, Airlie Beach QLD
Delightful Tuscany style holiday resort with sweeping views of the Whitsunday Islands. A stroll down the hill to the Airlie village and restaurants. Fabulous 1,2 & 3 bedroom plus penthouse elegantly appointed apartments and a penthouse, for the guests with unsurpassed water views of the Whitsundays.
Good agreements and salary.
An excellent opportunity for both lifestyle and business in this high growth and wonderful holiday area.
Trip Advisor Certificate of Excellence Awards.
Also on title and included in the Managers real estate is the 2 bedroom Managers apartment, the office area and an ensuited studio apartment behind the office.
The fifty seat restaurant on site is owned and operated by others. Confidentiality conditions apply.
Call Calvin today for further information & inspection arrangements.
More Information
- Total Purchase Price: $1,835,000
- Net Income: $ 309,703
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 755,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 3.5
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?