Airlie Beach, Queensland
Premium Holiday Management Rights in the Heart of Airlie Beach
MR $1.380M plus Unit $870K, Total $2.250M
Business Description
Inspection is highly recommended.
The numbers look impressive on paper, but Portside Whitsundays is even better in person.
⭐ Key Investment Highlights
💰 Net Profit: Approaching $400,000
💼 Business Price: $1,380,000
🏡 Manager's Residence: $870,000
💵 Total Investment: $2,250,000
📈 Return on Investment: 17%+
📅 23 Years Remaining on Accommodation Module Agreements
🔑 16 of the 17 apartments in the letting pool
📋 Strong Body Corporate Salary
👥 Owned and operated by the same managers for over 15 years
🌴 A Proven Holiday Business in the Heart of Airlie Beach
Positioned just moments from the heart of Airlie Beach, Portside Whitsundays combines a proven holiday management rights business with one of Australia's most recognised coastal destinations.
Located within easy walking distance of the waterfront, restaurants, cafés and Port of Airlie Marina, guests have convenient access to the Whitsunday Islands and the many attractions that make Airlie Beach a year-round tourism destination.
The current owners have successfully operated the business for more than 15 years, developing established systems and procedures that provide an incoming purchaser with a genuine walk-in opportunity.
💼 An Efficient Business with Strong Control
* Managing 16 of the 17 apartments within the complex provides an exceptional level of control over the letting business and creates a consolidated, dependable income stream.
* Combined with 23-year agreements and straightforward caretaking duties, Portside Whitsundays offers buyers a well-established business with excellent long-term security.
⭐ Why You'll Love Portside Whitsundays
✓ Net profit approaching $400,000
✓ Massive 17% plus return on investment
✓ Control of 16 of the 17 diverse apartment mix (from studio apartments through to a four-bedroom penthouse)
✓ 23-year Accommodation Module agreements
And Enjoy:
🚶 Easy, level walk to Airlie Beach – no hills to climb - Port of Airlie Marina, restaurants and cafés
🌊 Sweeping views across Port of Airlie Marina, the Coral Sea and Whitsunday Islands
** Ras360 Property Solutions – Specialists in Management Rights | Motels | Hotels | Pubs | Parks **
Business Summary
Business Snapshot
Price: MR $1.380M plus Unit $870K, Total $2.250M
Net Profit: $394,392 Remuneration / Body Corp Salary: $72,953
Managers Unit
Value of Managers Apartment: $870,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Complex Information
Complex Type: Resort / HolidayTotal Units in Complex: 17Total Units in Letting Pool: 16Owner Occupy Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 23 years
Key Investment Insights
AI generated. Confirm details with the seller.
1. Net profit of $394,392 supports the advertised 17% plus return on total investment.
2. The business controls 16 of 17 apartments, providing a highly consolidated letting pool and strong operational control.
3. Owners have operated the business for over 15 years, with established systems and procedures supporting a walk in opportunity.
4. Accommodation Module agreements have 23 years remaining, providing substantial tenure security for the incoming purchaser.
5. A $72,953 body corporate salary provides an additional income component alongside management rights earnings.
6. The complex offers a diverse apartment mix, from studios through to a four bedroom penthouse.
7. The manager’s two bedroom, two bathroom apartment includes two car spaces and is valued at $870,000.
8. Portside Whitsundays is within easy walking distance of Airlie Beach waterfront, restaurants, cafés and Port of Airlie Marina.
9. The location provides access to Whitsunday Islands attractions and sweeping marina, Coral Sea and island views.
10. The advertised total investment is $2.25 million, comprising the management rights business and manager’s residence.
Management Rights Multiplier: 3.50
ROI Estimate: 17.53%