Thriving Mooloolaba Management Rights with $355K+ Net Profit | Resort Brokers ID : MR008608

$2,290,000

Resort / Holiday Management Rights, Mooloolaba QLD

ResortBrokers is pleased to present a premier management rights business in the heart of Mooloolaba. This high-performing holiday accommodation operation features 30 apartments, with 25 units in the letting pool, ensuring a steady income stream. The business is further supported by 25 years remaining on the accommodation module agreement, offering long-term stability and security. The manager's residence is a recently renovated two-bedroom apartment, affordably priced to enhance the overall value proposition of the business-to-real estate ratio. Ideally positioned just moments from Mooloolaba Beach, shopping, and dining, this opportunity delivers strong returns, significant growth potential, and is backed by a strong ROI and streamlined operations.

- Trophy asset in prime Mooloolaba location, steps from beach, retail, and dining
- High-performing business with a solid trading history and strong financials
- Stable income with attractive Body Corporate salary
- Recently topped up agreement with 25-years remaining
- Net profit allocates staffing allowance for flexibility
- Exceptional 15.5% ROI, offering strong yield and strong financial performance
- Strong letting pool ratio with 25 out of 30 apartments in the letting pool
- Includes fully renovated two-bedroom, two-bathroom manager's unit
- Consistently high occupancy from leisure and corporate markets
- Efficient operations ideal for hands-on operator
- Inspections are by appointment only

Date updated: 02 Mar 2025 22:00:04

More Information

Financial Overview

Total Purchase Price: $2,290,000
Net Income: $ 355,793 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 800,000
_{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: 25
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 2
_{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: 1
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 30
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 52,913
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 10 years
_{How long is the caretaking contract.}

Agreement Remaining: 25 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: Contactable during required hours
_{Required Office Hours}

Complex Features: Heated pool and spa Covered BBQ area Lift access to all levels Secure under cover parking Airconditioning to all units Cable TV

Real Estate Component

Manager's Unit: 2 2

Included Real Estate: $ 800,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 1

Office On Title: 1
_{Is there a manager's office included on the title?}

Pets: yes
_{Can the manager own a pet on site?}

Unit Features: 2 bedroom, 2 bathroom, private entertaining area, two car spaces plus a full lock up garage. The managers residence is a fully renovated two-bedroom unit featuring an ensuite bathroom, airconditioning, and a large private courtyard, offering a comfortable and practical living space. The attached office has also been fully renovated