High Return in the heart of Mooloolaba!

$3,550,000

Resort / Holiday management rights, Mooloolaba QLD

Exceptional opportunity to acquire a management rights business in one of the Sunshine Coasts most sought-after locations. Sailport Mooloolaba is set in a prime spot overlooking the marina, offering spacious units with stunning water views and a consistent record of strong repeat business.

Delivering a solid net profit of $461,974 per annum, this MLR is a proven performer underpinned by a well-established rental pool comprising 23 units out of 35, easily managed by a two-person team. With no requirement to live on-site and no office hours in the agreements, the managers unit can be included in the letting pool (similar three-bedroom units generate approx. $70,000 per annum). The agreements have also been topped up recently with 23 years to run.

The Sunshine Coast is experiencing significant growth. Mooloolaba remains a premier tourist destination, benefiting from ongoing infrastructure improvements such as the redevelopment of the foreshore and enhanced transport links. Increased investor confidence, coupled with a surge in tourism, has driven strong rental demand. Recent investments, including a $20K upgrade to a new website to drive direct bookings, further enhance the business's potential.

This is a fantastic, low-maintenance opportunity for investors seeking stable cash flow and growth in a dynamic market.

Key Highlights:
No requirement to live onsite
No office hours
Prime Mooloolaba location with marina views
Office and linen store on title
Long agreements in place - 23 years left to run
Large BC salary $122,538 p.a.
Consistent performer with strong repeat business, 58% occupancy, and room for growth with eight units outside the letting pool
Recently invested $20K in a new website to drive direct bookings

More Information

Financial Overview

Total Purchase Price: $3,550,000
Net Income: $ 461,974 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 1,150,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: 5.2
_{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: 23
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 3
_{Number of units resided in by their owners.}

Lock Ups: 8
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 35
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 122,538
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 23 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
_{Required Office Hours}

Complex Features: Heated pool, secure undercover parking, bbq

Real Estate Component

Manager's Unit: 3 2

Included Real Estate: $ 1,150,000
_{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: Recently renovated unit offering three spacious bedrooms and two stylish bathrooms. Enjoy panoramic marina views from the large courtyard perfect for entertaining. Office and linen store also on title.