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Iconic Island Resortâ Profitable Business, Unparalleled Lifestyle
$1.215M MR&$875k Unit = Total $2.09M
Resort / Holiday Management Rights, POINT LOOKOUT QLD
Tropical Island Resort Profitable Business, Unparalleled Lifestyle
Secure your dream island business with this exceptional resort opportunity. Boasting a net profit of over $323k and an impressive 15.5% ROI, Pandanus Palms Holiday Resort offers a rare combination of financial strength and an idyllic lifestyle. Perched high at Point Lookout, this established resort is surrounded by lush Pandanus Palms and enjoys breath taking ocean views.
Financial Stability: With a CPI increase in January bringing the Body Corporate salary to $136k and a newly approved Top-Up extending agreements to a secure 21.5 years, this business offers reliable returns and long-term security.
Solid Income Base: The resort comprises 37 apartments, including 24 holiday lets, ensuring a steady income stream with room for growth.
Resort Appeal: Guests love the sparkling inground pool, tennis court, and spacious, modern apartments, all set against a backdrop of stunning coastal vistas.
Managers Living Quarters: A comfortable and well-appointed 3-bedroom, 1.5-bathroom unit with an attached office on title offers convenience and direct access to the business.
Island Paradise: This business is an exceptional opportunity for investors, management groups, or individuals seeking a profitable venture in a dream location. With its stunning views, whale watching, and laid-back island lifestyle, the resort attracts returning families year after year, making it a reliable and rewarding investment.
Island businesses with this level of profitability and lifestyle appeal are rarely available. Contact us today to arrange your inspection and secure this extraordinary opportunity.
Ras360 Management Rights | Motels | Hotels | Pubs | Parks
More Information
- Total Purchase Price: $1.215M MR&$875k Unit = Total $2.09M
- Net Income: $ 323,920
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 875,000
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?