Airlie Beach, Queensland
Mixed Letting Management Rights in Airlie Beach - ID 8778
$1,050,000
Business Description
MACKAY / WHITSUNDAYS MANAGEMENT RIGHTS
Consistently Good Performer
- Nestled into the hillside overlooking the ocean
- Close to shops, schools and amenities
- Spacious holiday apartments of 2 and 3 bedrooms
- 4 star rated resort
- Terrific Body Corporate salary
- Spacious 3 bedroom managers apartment with 2 bathrooms and car accommodation
- Two resort pools
- 3 of 36 lots in the letting pool
Well managed complex on the market after a decade with the existing managers. Terrific opportunity for those new to the industry
Net Profit: $200,000
Asking Price: $1,050,000
(inclusive of managers real estate)
Property Code: 519
Business Summary
Business Snapshot
Price: $1,050,000
Body corp salary review: CPI Annually
Managers Unit
Car Spaces: 1Complex Information
Manager Units: 1Agreement Module: AccommodationPool: YesPay TV: Yes
Key Investment Insights
Key Insights:
1. Consistently good performer with a net profit of $200,000.
2. Located in a desirable location, nestled into the hillside overlooking the ocean.
3. Close to shops, schools, and amenities, making it convenient for guests.
4. Spacious holiday apartments with 2 and 3 bedrooms, catering to families and larger groups.
5. 4-star rated resort, indicating high-quality facilities and services.
6. Generous Body Corporate salary, providing a stable income for the managers.
7. The managers' apartment is spacious with 3 bedrooms, 2 bathrooms, and car accommodation.
8. Two resort pools, offering guests a variety of leisure options.
9. Only 3 out of 36 lots in the letting pool, indicating potential for growth and expansion.
10. Well-managed complex, with the current managers in place for a decade.
11. Ideal opportunity for those new to the industry, with a well-established and successful business.
12. Asking price of $1,050,000, inclusive of managers' real estate.
13. Agreement module is Accommodation, providing flexibility for the managers.
14. Regular CPI annual salary review, ensuring a fair and competitive income for the managers.
15. The complex also offers additional amenities such as pay TV, making it attractive to guests.
