. Cnr Shute Harbour Road, Airlie Beach, Queensland
Very Affordable Management Rights Business plus Managers Apartment in fabulous Airlie Beach
$1,100,000
Business Description
• Business plus Managers 2 Bed apartment
• Under same ownership for 19 years.
• Boutique Tropical themed Resort Complex
- Fabulous Boutique Management Rights and highly profitable business
- 22 apartments in the building (12 x 1 bed twin keys + 10 x 1 bed rooms)
- 21 Guest rooms in the letting pool
- Net $240,096 30 June 2024 financial year
- Caretaking and Letting agreements current to 29 June 2044.
For Sale: $1,100,000 including Business plus Managers 2 Bedroom apartment
Business Summary
Key Investment Insights
1. Highly profitable business with consistent financial performance over 19 years under the same ownership.
2. Boutique Tropical themed Resort Complex with a unique and attractive design.
3. Ideal location in the popular tourist destination of Airlie Beach.
4. 22 apartments in the building, including 12 x 1 bed twin keys and 10 x 1 bed rooms.
5. 21 guest rooms currently in the letting pool, providing a strong and stable income stream.
6. Net profit of $240,096 for the 30 June 2024 financial year.
7. Long-term caretaking and letting agreements in place until 2044, providing security and stability for the business.
8. Sale price of $1,100,000 includes the business and a spacious 2 bedroom manager's apartment.
