Airlie Beach, Queensland

Majestic Ocean Views - ID 8423

$2,200,000

Business Description

Holiday Management Rights for Sale
Whitsunday Lifestyle

- Perched on the hillside overlooking the Ocean and Whitsunday Islands

- 4.5-star property with 18/25 apartments in the short-term rental pool

- Fantastic 3 beds, 2 bath managers apartment with roof top deck and panoramic views.

- Solid salary underpinning great returns.

- Long agreements and supportive owners

- Low maintenance property with good guest amenities

- Ideal couples’ operation –wanting to live an ‘Island Like Lifestyle’ without the price tag.

Experience the charm of a prestigious 4.5-star property in the heart of Airlie Beach, Queensland’s top small tourism town for three years running. Enjoy unobstructed views of the Coral Sea and Whitsunday Islands, all while being close to shops and restaurants in a serene, private setting.

This property includes a spacious 3-bedroom, 2-bathroom manager's apartment with a balcony and rooftop area offering stunning ocean and island views. Pets are approved by the body corporate.

Features an infinity-edged, solar-heated pool and spa. The business shows substantial growth with 18 out of 25 apartments in the short-term rental pool, providing solid returns.

A gateway to the Great Barrier Reef, Whitsunday Islands, and Whitehaven Beach, this property offers financial and lifestyle benefits in a paradise known as the 'Little Monte Carlo.'

Airlie Beach is becoming a hotspot for new residents and travelers alike. Call us today and make this your new home.

Net Profit: $326,000
Asking Price: $2,200,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Far North Queensland Management Rights business for sale contact:

Management Rights Broker
Tony Johnson

Property Code: 782

Business Summary

Business Snapshot

Price: $2,200,000 Net Profit: $326,000 Remuneration / Body Corp Salary: $59,275

Managers Unit

Value of Managers Apartment: $1,050,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes

Complex Information

Complex Type: PermanentTotal Units in Complex: 25Total Units in Letting Pool: 18Owner Occupy Units: 2Outside Agent Units: 2Lockup Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: YesSpa: YesBBQ Area: YesWIFI: Yes

Marketing Agent

Tony Johnson

MR Sales

Key Investment Insights

Key Insights:

1. Stunning Location: The business for sale is located in Airlie Beach, a popular tourist destination in Far North Queensland, known for its beautiful ocean views and proximity to the Great Barrier Reef.

2. 4.5-Star Property: The property is a prestigious 4.5-star property, offering guests a luxurious and comfortable stay.

3. Short-Term Rental Pool: 18 out of 25 apartments are in the short-term rental pool, providing a steady and solid income for the business.

4. Manager's Apartment: The manager's apartment is a spacious 3-bedroom, 2-bathroom unit with a balcony and rooftop area offering panoramic ocean and island views.

5. Low Maintenance Property: The property is well-maintained and requires low maintenance, making it an ideal investment for a couple looking for a relaxed lifestyle.

6. Long Agreements: The business has long agreements in place, providing stability and security for the owners.

7. Supportive Owners: The owners of the property are supportive and have a good working relationship with the managers.

8. Ideal for Couples: This business is ideal for a couple looking to live an "Island Like Lifestyle" without the high price tag.

9. Gateway to Popular Tourist Destinations: Airlie Beach is a gateway to popular tourist destinations such as the Great Barrier Reef, Whitsunday Islands, and Whitehaven Beach, making it a highly sought-after location for travelers.

10. Strong Financial Performance: The business has shown substantial growth and has a net profit of $326,000, making it a profitable investment opportunity.

11. Inclusive of Manager's Real Estate: The asking price of $2,200,000 includes the manager's real estate, providing a great opportunity for the new owners to live on-site.

12. Pets Allowed: The body corporate has approved pets, making it a pet-friendly property.

13. Growing Popularity: Airlie Beach is becoming a hotspot for

Management Rights Multiplier: 3.53
ROI Estimate: 28.35%