Airlie Beach, Queensland
Huges 17%+ R.O.I for a Business and Home
Under Contract / Offer
Business Description
HUGE 29% Return on Investment for the Business, which is why Inspection is highly recommended.
Because the numbers look impressive on paper, but Portside Whitsundays is even better in person.
And the simple and managable work load makes Portside Whitsunday a must see
⭐ Key Investment Highlights
💰 Net Profit: Approaching $400k
💼 Business Price: only $1.380M
📈 Business Return on Investment: 29%
🏡 Manager's Residence: $870,000
💵 Total Investment: $2,250,000
📈 Total Return on Investment: 17.5%+
📅 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 15% 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: Under Contract / Offer
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. Reported net profit of $394,392, with advertised returns of 29% for the business and over 17.5% including the manager’s residence.
2. Accommodation Module agreements have 23 years remaining, supporting long term operating security.
3. Management of 16 of the complex’s 17 apartments provides substantial control over the letting business.
4. Body corporate remuneration of $72,953 complements letting income.
5. The same managers have operated the business for over 15 years, establishing systems and procedures for an incoming purchaser.
6. Straightforward caretaking duties and a manageable workload support operational simplicity.
7. Easy, level walking access to Airlie Beach, the waterfront, restaurants, cafés and Port of Airlie Marina.
8. Sweeping views encompass Port of Airlie Marina, the Coral Sea and Whitsunday Islands.
9. The apartment mix ranges from studios to a four bedroom penthouse.
10. The manager’s residence is valued at $870,000 and includes two bedrooms, two bathrooms and two car spaces.
Management Rights Multiplier: 3.50
ROI Estimate: 17.53%
