Bargara, Queensland

Exclusive - Beautiful QLD Beachside Lifestyle Business - ID 9186

$1,395,000

Business Description

Holiday Management Rights For Sale
The Ultimate Sea Change

Are you ready for the ultimate sea change? This is your chance to own a well-run management rights business in one of Queensland’s most sought-after beachside locations. This business presents an exciting opportunity for first-time buyers looking to make a fresh start and enjoy a relaxed yet rewarding lifestyle.

- Perfect for First Time Buyers: Whether you’re stepping into the property management industry or simply looking for a solid business investment, this opportunity is ideal for first time buyers. With a successful, established business in place, you’ll hit the ground running.

- Stunning Location: Located just moments from the beautiful Bargara Beach, live and work in a coastal paradise—enjoying sunny days, beach walks, and the perfect work-life balance.

- Great Work-Life Balance: The business offers the flexibility to enjoy your lifestyle while managing a smooth operation. Spend your days enjoying the beach, knowing that the business is well-organised and easy to maintain.

- Solid Returns & Salary: This business offers great returns, along with a secure Body Corporate salary. It’s a financially stable opportunity with consistent income.

- Growth Potential: There is a fantastic opportunity to expand the current rent roll and manage additional units in the area, offering potential for business growth and increased income.

If you're seeking the perfect blend of work and relaxation, this opportunity offers everything you need to create the ideal Queensland lifestyle. Live close to the beach, run a profitable business, and enjoy a fantastic lifestyle in one of Queensland's most desirable locations.

Net Profit: $222,325
Asking Price: $1,395,000
(Inclusive of Manager's Real Estate)

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

Exclusive Management Rights Broker
Richard O'Connell

Property Code: 983

Business Summary

Business Snapshot

Price: $1,395,000 Net Profit: $222,325 Remuneration / Body Corp Salary: $66,709

Managers Unit

Value of Managers Apartment: $500,000Bedrooms: 2Bathrooms: 1Car Spaces: 1

Two bedroom managers apartment on the 4th floor with private balcony giving 180 degree views. Currently in the letting pool as owners live off site, generate great income year round. Provides options for buyers to continue living off site and reap the financial rewards or live on site and enjoy the surroundings. Further opportunity to initially only purchase the business with possible first option to purchase the real estate within 12 months. The office is on a separate title and forms part of the body corporate common area. This enables buyers to feel free to buy/sell the managers unit without the complication of separating the office.

Complex Information

Complex Type: HolidayTotal Units in Complex: 19Total Units in Letting Pool: 12Owner Occupy Units: 5Outside Agent Units: 1Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesSpa: YesBBQ Area: YesWIFI: Yes

Marketing Agent

Richard O'Connell

MR Sales

Key Investment Insights

1. Ideal opportunity for first-time buyers looking for a fresh start in the property management industry.
2. Located in a highly sought-after beachside location, offering a stunning and relaxed lifestyle.
3. Flexible work-life balance, with the ability to enjoy the beach and other leisure activities while managing a well-organised and profitable business.
4. Solid returns and a secure Body Corporate salary, providing financial stability and consistent income.
5. Potential for business growth and increased income through expanding the current rent roll and managing additional units in the area.
6. Includes a two-bedroom managers apartment with private balcony and 180 degree views, providing options for off-site living or on-site living and enjoying the surroundings.
7. Opportunity to initially purchase the business only, with the option to purchase the real estate within 12 months.
8. Office is on a separate title, making it easy to buy/sell the managers unit without complications.
9. Complex includes 19 units, with 12 in the letting pool and the rest owner-occupied or managed by outside agents.
10. Agreement module is accommodation, with 24 years remaining on a 25-year term.
11. On-site amenities include a pool, spa, BBQ area, and WIFI.

Management Rights Multiplier: 4.03
ROI Estimate: 24.84%