Beachfront With Breath-taking Views
$1,300,000
Resort / Holiday management rights, Trinity Beach QLD
Belle Vue is in position A. Spectacular beachfront resort on the northern beaches of Cairns.
26 apartments in total including the managers. Beautifully appointed apartments with the beachfront building having breath-taking & commanding ocean views like no other, and the rear with garden & mountain views.
Superb 2 bed 2 bath managers residence with adjoining office on title.
Easily run business and low maintenance, first to inspect will buy.
Office on title and long agreements. Good body corporate salary
This is a secure gated complex and the apartments cater for the more discerning guests.
A good business and great lifestyle for those managers looking for a property with that Wow Factor.
Call Alex today for more information on this great business and lifestyle opportunity.
More Information
- Total Purchase Price: $1,300,000
- Net Income: $ 200,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 530,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 3.9
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?