Alexandra Headland, Queensland

Between two of Queensland's best patrolled beaches

SOLD

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

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

Maroochydore Beachside Management Rights For Sale
Off Market Group
Maroochydore Beachside Management Rights...

110 Sixth Avenue MAROOCHYDORE

$2,100,000

Very busy  22 room Motel Leasehold
Acacia Terraces - 1P6057
Strategic Location Christchurch Central
An Excellent Freehold Going Concern Motel - 1450MF
Another $70,000 Price Reduction - ID 9134
near Bribie  Island
Acquire a premier Main Beach OTP | Resort Brokers ID : OTP008349
BRAND NEW HIGH QUALITY MIXED USE MANAGEMENT RIGHTS OVERLOOKING KIRRA BEACH | Resort Brokers ID : MRB008362
High profit management rights- Short Term Accom in Fortitude Valley -  $521K net | Resort Brokers ID : MR008356
Seeking a dedicated and proactive Building Manager (contractor)
Enviable Lifestyle with a Reliable Cashflow
Freehold Business in Lambton for $3.25M, Developers Dream - 125HF
Large & Profitable in Napier
Lake Boga Pub - 1P6058
Exceptional FHGC Caravan Park for Sale in Historic Charters Towers - 1056CPF
EASY Business and LARGE Remuneration with 3% annual increase!
Byron Bay Boutique Beachside Lifestyle Business | Resort Brokers ID : MR008358
TWO SIDE-BY-SIDE PERMANENTS NETTING $583K FOR 4.8X MULTIPLIER | Resort Brokers ID : MR008354