10 Golden Orchid Drive, Airlie Beach, Queensland
Toscana Village Resort - Wake up to Paradise
Full Price $1,835,000 | Business Only $1,080,000
Business Description
• Tuscan themed Management Rights
• Thriving Accommodation Market
• Net Profit $300,000 plus
Fabulous Tuscan themed Management Rights in the heart of Airlie Beach and offering superb views over the Coral Sea and Whitsundays.
Its your choice:
Purchase Management rights and Manager's 3 Bedroom Apartment PLUS office on title
OR
Management Rights business only - Also no requirements to live on site!
- Under current ownership for 17 years
- Great lifestyle for a management team
- New 25 year agreements from April 2024
- 19 spacious well equipped self catering guest apartments in the letting pool
- Net $300,000 plus, which includes Body Corporate salary of $106,467 (ex GST)
Fabulous and extremely rare opportunity to acquire a very well established and unique 4 star Airlie Beach Resort. To have the option of being able to purchase a Resort business only, of this calibre, profitability and with new 25 year Accommodation module agreements from April 2024 is incredibly rare and an opportunity not to be missed. The current owners are only the second since the complex was constructed circa 1998 and after 17 years in the role they are selling to retire.
Toscana Village Resort is in a very central part of Airlie Beach close to all facilities and its major retail and hospitality strip with a major plus being absolutely superb views over the Coral sea and Whitsundays including from the Managers Apartment.
Management Rights businesses form a major part of Queensland's accommodation sector and are keenly sought by prospective purchasers particularly in highly desirable locations such as Airlie Beach. The Management Rights business agreements on offer are in the preferred Accommodation module with an attractive term of 25 years remaining available. In addition to business profits generated by the Managers an attractive Body Corporate salary (increased annually to CPI) now $106,467 (exclusive of GST) is payable by the Body Corporate. Net profit for the 30 June 2023 financial year was $327,703 for this well run and successful business.
Airlie Beach is one of Australia's most highly regarded tourist precincts offering transfers from 2 highly regarded Marinas to the world famous Whitsunday Islands resort precinct. And there is strong demand for more affordable accommodation such as that offered by the Toscana Village Resort complex.
Act now and secure your slice of Airlie Beach's thriving accommodation market.
Business Summary
Key Investment Insights
1. Tuscan themed Management Rights located in Airlie Beach, a highly desirable tourist destination in Australia.
2. 17 years of successful ownership by current owners.
3. Option to purchase Management Rights and Manager's 3 Bedroom Apartment with office on title, or just the Management Rights business.
4. New 25 year agreements from April 2024.
5. 19 spacious and well-equipped self-catering guest apartments in the letting pool.
6. Net profit of $300,000 plus, including a Body Corporate salary of $106,467 (ex GST).
7. Rare opportunity to acquire a well-established and unique 4-star resort with new 25 year Accommodation module agreements.
8. Superb views over the Coral Sea and Whitsundays, including from the Manager's Apartment.
9. Highly sought after Accommodation module with attractive 25 year term remaining.
10. Strong demand for affordable accommodation in Airlie Beach, making this a lucrative business opportunity.
