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Majestic Ocean Views - ID 8423
$2,200,000
Resort / Holiday management rights, Airlie Beach QLD
Holiday Management Rights for Sale
Whitsunday Lifestyle
- Perched on the hillside overlooking the Ocean and Whitsunday Islands
- 4.5-star property with 18/25 apartments in the short-term rental pool
- Fantastic 3 beds, 2 bath managers apartment with roof top deck and panoramic views.
- Solid salary underpinning great returns.
- Long agreements and supportive owners
- Low maintenance property with good guest amenities
- Ideal couples operation wanting to live an Island Like Lifestyle without the price tag.
Experience the charm of a prestigious 4.5-star property in the heart of Airlie Beach, Queenslands top small tourism town for three years running. Enjoy unobstructed views of the Coral Sea and Whitsunday Islands, all while being close to shops and restaurants in a serene, private setting.
This property includes a spacious 3-bedroom, 2-bathroom manager's apartment with a balcony and rooftop area offering stunning ocean and island views. Pets are approved by the body corporate.
Features an infinity-edged, solar-heated pool and spa. The business shows substantial growth with 18 out of 25 apartments in the short-term rental pool, providing solid returns.
A gateway to the Great Barrier Reef, Whitsunday Islands, and Whitehaven Beach, this property offers financial and lifestyle benefits in a paradise known as the 'Little Monte Carlo.'
Airlie Beach is becoming a hotspot for new residents and travelers alike. Call us today and make this your new home.
More Information
- Total Purchase Price: $2,200,000
- Net Income: $ 326,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 900,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.0
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?