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Exciting Price Reduction! Perfect Entry Level Management Rights
$550k MR&$850k Unit = Total $1.4M
Resort / Holiday Management Rights, MAROOCHYDORE QLD
Discover the Maroochydore Gem: Adventure, Beach, and Sunshine!
Take advantage of this exceptional opportunity to own a thriving management rights business, complete with a modern manager's apartment, located just 50 metres from the breathtaking Maroochydore Beach. This sought-after holiday apartment complex offers the perfect blend of work and relaxation, ideal for a semi-retirement lifestyle.
Featuring 20 apartments, including 10 designated for holiday rentals, this property presents a simple caretaking role that allows for stress-free days and easy management. It's perfectly designed for individuals or couples, with plenty of opportunities to increase your income by adding your own cleaning services.
Picture yourself enjoying the stunning beach and picturesque Maroochy River right at your doorstep, all while experiencing the magical lifestyle of Cotton Tree village. The warm subtropical climate enhances your daily living, making it a pleasure every step of the way.
This remarkable business comes equipped with comprehensive booking and management software by Resly, a user-friendly website, new Wi-Fi mesh for seamless connectivity, and efficient business systems that streamline operations. With low maintenance requirements in such a desirable location, this is a unique find!
If youve been on the hunt for the perfect opportunity that matches your lifestyle and professional aspirations, your search ends here! Dont waitmark this property as a must-see. Contact me today for an in-depth information memorandum, and take a significant step toward your dream venture in the vibrant Maroochydore community. Your exciting opportunity awaits!
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $550k MR&$850k Unit = Total $1.4M
- Net Income: $ 166,000
(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: 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
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?