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BULCOCK BEACH BUSINESS ONLY
$627,000
Resort / Holiday management rights, Caloundra QLD
Sunshine Coast Management Rights For Sale
In the Heart of Caloundra
- Attractive 3 level walk up holiday complex
- 21 apartments with 11 in the letting pool
- Spacious 2 bedroom apartments, well equipped kitchens, air conditioning and ceiling fans
- All apartments have private balconies overlooking Pumicestone Passage or pool
- Lovely tropical gardens surround sparkling heated pool and spa
- Accommodation Module agreement
- Option to purchase Manager's residence if required
Conveniently located only metres away from Caloundra's famous Bulcock Beach, an ever popular Sunshine Coast destination. The area features a new multi-million dollar boardwalk, called the 'Waterfront'. Another of Caloundra's most popular beaches, Kings Beach, is just a short stroll away.
Net Profit: $156,834
Asking Price: $627,000
(Business Only - No Real Estate)
More Information
- Total Purchase Price: $627,000
- Net Income: $ 156,834
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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