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We Are Now On The Market - Business Only - No Real Estate Required
$1,300,000
Resort / Holiday management rights, Maroochydore QLD
No Real Estate to buy.
Incredible instant cashflow and yield.
Enviable forward bookings, providing surety of future income.
The complex is well-maintained, very low maintenance and presents incredibly well.
The occupancy rate of the complex has been rising, along with the average nightly
rates, indicating a positive trend.
The current managers have built a loyal client base, which provides a stable source
of income.
Letting Pool: 12 out of the 22 units are included in the letting pool, ensuring a consistent rental income.
Returning guests 71% of future bookings FY25.
Net Operating Income: $257,956 p.a. plus add on transfer business available.
Body Corp Salary is $51,802 which is ideal for a risk profile and increases annually in
line with the Consumer Price Index (CPI).
The business is suitable for first-time operators looking for a manageable size or for
experienced operators seeking to expand their portfolio by acquiring a nearby
complex.
The Dunes has proven to be a highly profitable venture, generating significant
income supported by additional income streams from associated businesses.
Manager's unit, if required is unique, stunning, roomy, well-appointed, with
awesome views and comes with 3 bedrooms and 2 bathrooms.
Beyond Transfers business is also available for sale offering an additional
$12,000-$15,0000 per month gross income .
Financial Summary
Sale Price: Offers Over $1,300,000
Body Corp Salary: $51,802.00 with CPI increases annually
Net Operating Income: $257,956 p.a.
At a Glance
Complex Type: Holiday and Resident Owners.
Total Units in Complex: 22
Total Units in Letting Pool: 12
Holiday Units: 12
Permanent Rentals: 0
Owner Occupy Units: 5
Outside Agent Units: 0
Lockup Units: 5
Retail: 4
Manager Units: Sold separately if required
Pool: Yes
Spa: Yes
BBQ Area: Yes
Pay TV: yes
WIFI: Yes
Streaming: Yes FOXTEL business IQ with On-Demand movies
Agreement
Agreement Module: Accommodation
Agreement Term: 25 Years
Agreement Remaining: 20 Years
Disclaimer: This property is being sold without a price therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Disclaimer:
We have obtained this property information from sources we believe to be reliable however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
More Information
- Total Purchase Price: $1,300,000
- Net Income: $ 257,956
(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