Alexandra Headland, Queensland

Business For Sale - No Set Office Hours and $199,000 Net Profit - ID 8115 H

$1,495,000

Property Description

Sunshine Coast Management Rights For Sale
Established and easy to run business in prime location

- Holiday management rights
- Perfectly positioned across from the beach in Alexandra Headland
- 26 fully self contained apartments with 12 in the letting pool
- Combination of studio, 2 & 3 bedroom apartments, all with ocean views
- Newly refurbished heated swimming pool in 2020
- Games room, BBQ, Spa, Wi-Fi and underground parking
- No set office hours
- Easy care property with minimal gardens
- 21 years remaining on agreement
- 2 bedroom, 2 bathroom manager's residence
- Plenty of storage for the manager
- Repainting has been planned to be carried out in the coming few years

This complex is easily run by a couple and would also be suitable for first time buyers, those wanting to downsize or the perfect opportunity to add on to your existing portfolio.

Well positioned to take advantage of the rapidly expanding region and inbound tourism market, this business is one to take advantage of if you are looking for an established and easy to maintain Management Rights business.

Net Profit: $199,875
Asking Price: $1,495,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Sunshine Coast Management Rights opportunity contact:

Management Rights Brokers:

Mark McKay & Brigid Clarke

Property Summary

Business Snapshot

Price: $1,495,000 Net Profit: $199,875 Remuneration / Body Corp Salary: $73,112Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $650,000Bedrooms: 2Bathrooms: 2Car Spaces: 4Office: On TitlePets OK: Yes
Spacious residence, 2 bedrooms, 2 bathrooms, Newly renovated kitchen, High ceilings, Gorgeous patio, Plenty of storage, 4 allocated car parking spaces, Pet friendly, Perfect for a couple or young family

Complex Information

Complex Type: HolidayTotal Units in Complex: 26Total Units in Letting Pool: 12Holiday Units: 12Owner Occupy Units: 8Outside Agent Units: 3Lockup Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesGames Room: YesBBQ Area: YesWIFI: Yes
Marketing Agent
Brigid Clarke
Brigid Clarke

Listing location
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