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Price drop - Owner wants to sell, outstanding profit potential awaits!
$498,000 - Business Only
Resort / Holiday Management Rights, KINGS BEACH QLD
Sunshine Coast Management Rights Available | Offsite Living - Achieve a Harmonious Work-Life Blend
This holiday management rights opportunity consists of 31 units, with 9 currently in the letting pool, boasting stunning ocean and hinterland views from the balconies. The complex includes easy-to-maintain landscaped areas, a swimming pool, a heated spa, a sauna, and a poolside BBQ area for guest leisure. It also provides secure underground parking with elevator access to all units, in addition to two storage rooms and a dedicated storage cage.
Situated just a short walk from the beach, dining spots, and local attractions, this business allows for offsite holiday letting management, offering flexibility and an exceptional work-life balance with no set office hours. As there is no real estate involved, this is an excellent business-only opportunity that generates a strong income and is simple to operate.
Net Profit: $162,000
Asking Price: $498,000
Reach out today to Geoff Hatchman from Ras360 Property Solutions, your local Sunshine Coast broker for more details!
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $498,000 - Business Only
- Net Income: $ 162,482
(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: 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.
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