10 Golden Orchid Drive, Airlie Beach, Queensland

Toscana Village Resort - Wake up to Paradise

Full Price $1,870,000 | Business Only $1,115,000

Business Description

• Tuscan themed Management Rights
• Thriving Accommodation Market
• Net Profit $327,703

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 $327,703 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

Managers Unit

Complex Information

Marketing Agent
Peter Ward
Peter Ward

Key Investment Insights

Key insights for Toscana Village Resort include:

1. Tuscan themed Management Rights: The resort has a unique and attractive theme that sets it apart from other accommodations in the area.

2. Thriving Accommodation Market: Airlie Beach is a highly sought-after tourist destination, making it a profitable location for accommodation businesses.

3. Net Profit of $327,703: The resort has a strong financial performance, with a net profit of over $300,000 for the 2023 financial year.

4. Option to purchase business only or with Manager's 3 Bedroom Apartment: The sale offers flexibility for potential buyers, with the option to purchase the business only or also acquire a spacious 3-bedroom apartment.

5. Under current ownership for 17 years: The current owners have successfully managed the resort for 17 years, demonstrating their experience and expertise in the industry.

6. New 25 year agreements from April 2024: The resort has attractive long-term agreements in place, providing stability and security for the new owners.

7. 19 spacious and well-equipped self-catering guest apartments: The resort offers a range of high-quality apartments for guests, ensuring a comfortable and enjoyable stay.

8. Body Corporate salary of $106,467 (ex GST): In addition to business profits, the managers also receive a competitive Body Corporate salary.

9. Highly desirable location: Airlie Beach is a popular tourist destination, known for its stunning views and proximity to the Whitsunday Islands.

10. Strong demand for affordable accommodation: The resort offers more affordable accommodation options compared to other high-end resorts in the area, making it a popular choice for travelers.
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