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Owner committed overseas - PRICED TO SELL - An Exceptional Trinity Beach Property
$ 550.000,-
Resort / Holiday management rights, Trinity Beach QLD
The presentation of this very impressive property can only be described as exceptional and its an absolute delight to inspect. Built in 1995 it has now been under the management of a husband and wife team who have taken their management role very seriously The result is a property and business presented to the market as a highly professional operation ready for sale and ready for business under new management. Currently run with Hirum reservation system
The property has a total of 40 apartments made up of 22 one bedroom, 16 studio and 1 three bedroom apartment with 20 apartments in the managers letting pool. (14 Holiday rentals and 8 Permanent rentals) The office is on title and is an air conditioned freestanding building
More Information
- Total Purchase Price: $ 550.000,-
- Net Income: $ 113,975
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 420,000
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?