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Top of the World Resort
$2,600,000
Resort / Holiday management rights, Airlie Beach QLD
Excellent four star resort property, elevated with all apartments having unbelievable Whitsunday sea views.
Top resort facilities.
Stroll down the hill to the many restaurants and shops.
Long Agreements.
Experienced staff onboard.
This top property is new to the market and represents a great investment with proven profitability for discerning operators.
Manager's accommodation is a separate house with sweeping ocean views and reception/office on title.
Airlie is prospering, so be in, to enjoy this new wave of growth in the Mediterranean of the Whitsundays.
Inspections by appointment only.
Contact Calvin for full property information.
Confidentiality Conditions Apply
More Information
- Total Purchase Price: $2,600,000
- Net Income: $ 417,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 850,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.2
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?