Highly sought-after, holiday permanent business with a beachfront location | Resort Brokers ID : MR007332

$925,000

Resort / Holiday Management Rights, Blacks Beach QLD

Situated on the beachfront of Mackays northern beaches, is the rare management rights opportunity for a two-person team to enjoy the location and lifestyle that Blacks Beach has to offer. With 21-year agreements, no set office hours and an easy-to-manage complex, this property would suit a first-time operator or an ideal add-on business for operators looking to expand their portfolio in this region. This is a must-see property so ensure you book an inspection today.

- Strong Body Corporate salary
- No set office hours
- Modern two-bedroom manager’s unit
- Perfect business for first-time newcomers to the industry
- Rare absolute beachfront property, guests walk straight onto the beach
- Wide range of facilities cater for family holidays lending to repeat business
- Property inspections are by appointment only
Date updated: 27 Oct 2024 22:00:02

More Information

Financial Overview

Total Purchase Price: $925,000
Net Income: $ 234,458 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 220,000
_{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.}

Letting Business

Letting Pool: 29
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 6
_{Number of units resided in by their owners.}

Lock Ups: 1
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 36
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 0
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 21 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: No set office hours
_{Required Office Hours}

Complex Features: Two swimming pools with a toddler pool, hopscotch pad, full-sized tennis court, two electric barbecues plus a wood barbecue with plenty of outdoor furniture and a tour desk