Alexandra Headland, Queensland

Between two of Queensland's best patrolled beaches


Business Description

Well positioned, opposite the beautiful Pacific and just a short walk to Mooloolaba and Alexandra Headland, two of Queensland's best patrolled beaches.

Excellent holiday facilities; tropical gardens and large lagoon style pool, plus indoor heated pool with spa, sauna, family games room, 1/2 size tennis court & secure undercover parking.

Ideally located along the foreshore walkway and public transport directly out front.

Business Summary

Business Snapshot

Price: SOLD Net Profit: $310,031 Remuneration / Body Corp Salary: $74,604

Managers Unit

Value of Managers Apartment: $450,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: No

Complex Information

Complex Type: HolidayTotal Units in Complex: 36Total Units in Letting Pool: 32Owner Occupy Units: 2Lockup Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 18 Years yearsPool: YesSpa: YesSauna: YesTennis Court: YesPay TV: Yes
Marketing Agent
Barry Davies
Barry Davies

Barry Davies
Barry Davies

Resort Management Sales

Resort Management Sales

Key Investment Insights

1. Prime location: The business is situated between two of Queensland's best patrolled beaches, making it an attractive destination for tourists.

2. Strong holiday facilities: The business boasts excellent holiday facilities, including tropical gardens, a large lagoon-style pool, indoor heated pool with spa, sauna, family games room, and a 1/2 size tennis court. These facilities are likely to attract more guests and increase revenue.

3. Convenient location: The business is located along the foreshore walkway and has public transport directly out front, making it easily accessible for guests.

4. Profitable: The business has a strong net profit of $310,031, making it a potentially lucrative investment opportunity.

5. Manager's unit: The manager's apartment is valued at $450,000 and includes 2 bedrooms, 2 bathrooms, and an office on title.

6. Large complex: The complex has a total of 36 units, with 32 units in the letting pool. This provides a steady stream of income for the business.

7. Long agreement term: The business has a 25-year agreement term, with 18 years remaining. This provides stability and security for potential buyers.

8. Additional amenities: The complex also offers additional amenities such as a pool, spa, sauna, and pay TV, which can attract more guests and increase revenue.

9. Pet-friendly: While pets are not allowed in the manager's apartment, the complex is pet-friendly, making it an attractive option for guests with pets.

10. Potential for growth: With its prime location and strong holiday facilities, there is potential for the business to grow and increase its profits in the future.

Management Rights Multiplier: 5.20
ROI Estimate: 19.23%

Listing location

This Business is sold

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