Alexandra Headland, Queensland

Great Position, Opposite the Beach

SOLD

Business Description

Great position right opposite the bluff at Alexandra Headland, one of the Sunshine Coast’s most popular surfing beaches.

Park your car and walk to surf club, restaurants, cafes, shops, bowling alley, skateboard park and much more.

Business Summary

Business Snapshot

Price: SOLD Net Profit: $592,023 Remuneration / Body Corp Salary: $102,444Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $730,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On Title

Complex Information

Complex Type: HolidayTotal Units in Complex: 68Total Units in Letting Pool: 45Owner Occupy Units: 11Outside Agent Units: 6Lockup Units: 5Agreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesSpa: YesWIFI: Yes
Marketing Agent
Matt Campbell
Matt Campbell

Barry Davies
Barry Davies

Resort Management Sales

Resort Management Sales

Key Investment Insights

1. Prime location: The business is situated in a highly sought-after location, right opposite the popular surfing beach of Alexandra Headland on the Sunshine Coast.

2. High foot traffic: The business benefits from a high volume of foot traffic due to its proximity to the beach, surf club, restaurants, cafes, and other popular attractions.

3. Diverse range of amenities: The area offers a diverse range of amenities, including a bowling alley, skateboard park, and shops, making it a popular destination for tourists and locals alike.

4. Established business: The business has been operating for a significant period of time and has built a strong reputation in the local community.

5. Strong financials: The business has a strong financial performance, with a net profit of $592,023 and a remuneration/body corp salary of $102,444.

6. Manager's apartment included: The sale includes a spacious 3-bedroom, 2-bathroom manager's apartment with an office on title, valued at $730,000.

7. Large complex: The complex has a total of 68 units, with 45 units in the letting pool, providing a stable and consistent income stream for the business.

8. Long agreement term: The business has a 25-year agreement term with 21 years remaining, providing security and stability for the new owner.

9. On-site amenities: The complex offers a range of on-site amenities, including a pool, spa, and WIFI, making it an attractive option for holidaymakers.

10. Potential for growth: With its prime location and strong financial performance, there is potential for the business to further grow and increase its profitability.

Management Rights Multiplier: 5.69
ROI Estimate: 17.57%

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This Business is sold

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