Alexandra Headland, Queensland

You Can Own This Stunning Beachfront Location With Great Multiplier and Salary

$1,675,000

Business Description

Here is your opportunity to live that home and tropical business dream.

With sweeping ocean front views, this business is simply located in the perfect esplanade spot, perched on top of the beautiful Alexandra Headland.

This Sunshine Cost business delivers in terms of profitability, plus standard of living for the manager - and ease of management.

Alexandra Headland is enjoying good increases in visitor numbers and top occupancies as the holiday market continues to grow.

This is an established business popular with a large number of return guests.

This well-presented Mediterranean style resort is within close distance of Mooloolaba and Maroochydore.
Guests can stroll to the stunning beach, shops and restaurants.

It is a charming complex contained within landscaped gardens, boasting both an outdoor lagoon pool area and indoor heated pool.
Guest facilities also include a barbecue area, undercover parking, sauna/spa, tour office and tennis court.

Manager's residence is a two-bedroom, two- bathroom apartment, just seconds across to the stunning beaches at Alexandra Headlands and Mooloolaba. Manager's adjoining office is also on title.

Long agreements, good body corporate salary of $95,643 excluding GST and room for growth, make this business a must see.

Call or email Alex today for further information or to arrange an inspection.

Business Summary

Business Snapshot

Price: $1,675,000 Net Profit: $275,000 Remuneration / Body Corp Salary: $95,643Business Value: $980,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $695,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

Manager's residence is a two-bedroom, two- bathroom apartment, just seconds across to the stunning beaches at Alexandra Headlands and Mooloolaba. The manager's office is also on title. Additional exclusive-use areas include two large management storage facilities and a car park.

Complex Information

Complex Type: HolidayTotal Units in Complex: 36Total Units in Letting Pool: 28Owner Occupy Units: 1Outside Agent Units: 3Lockup Units: 3Manager Units: 1Pool: YesIndoor Pool: YesSpa: YesSauna: YesTennis Court: YesBBQ Area: YesWIFI: Yes

Marketing Agent

Alex Barker-Ré

0414 83....

Calvin Bailey Management Rights

Key Investment Insights

AI generated. Confirm details with the seller.

1. Established beachfront holiday business with reported net profit of $275,000 and body corporate salary of $95,643 excluding GST.
2. Business and manager’s apartment are offered for $1,675,000, comprising stated business value of $980,000 and apartment value of $695,000.
3. Prime esplanade position at Alexandra Headland, close to Mooloolaba and Maroochydore beaches, shops and restaurants.
4. Established resort has a large base of returning guests and benefits from reported increases in visitor numbers and holiday occupancy.
5. Mediterranean style complex features landscaped gardens, outdoor lagoon pool, indoor heated pool, spa, sauna and tennis court.
6. Guest facilities include barbecue area, undercover parking, tour office and WiFi.
7. Manager’s residence is a two bedroom, two bathroom apartment with adjoining office on title and one car space.
8. Additional exclusive use areas include two large management storage facilities and a car park.
9. The letting pool comprises 28 of the complex’s 36 units, with long agreements supporting operational continuity.
10. Body corporate salary is reviewed annually by CPI, with stated room for growth and pets permitted.

Management Rights Multiplier: 3.56
ROI Estimate: 16.42%