Bowen, Queensland
Whitsunday Waterfront Beauty - ID 8458
Under Contract / Offer
Business Description
Holiday Management Rights for Sale
Prime Oceanfront Investment Opportunity
- Prime Location: Less than an hour from Whitsunday Coast Airport & Airlie Beach.
- Proven Track Record: Established trading history, easy to manage.
- High Demand: Short-term letting with high repeat corporate stays.
- Oceanfront Excellence: High-rise complex with absolute water frontage.
- Efficient Operations: Well-established systems for easy management; work from home every day.
- Growth Potential: Opportunities to expand services and activities.
- Secure Agreements: Long-term secure agreements in place.
- Stunning Residence: Two-level home with modern amenities, spacious living areas, and balconies overlooking the Coral Sea.
- Ideal for All: Perfect for newcomers and seasoned operators seeking a beachfront lifestyle.
- Onsite Restaurant: Panoramic ocean views, operated by a third party.
- Future Development: $1.1 billion residential project could increase Bowen's population by 50%.
- Innovative Projects: Gilmour Space Technologies planning a rocket launch site at Abbot Point.
- Unique Opportunity: Secure a high-quality, reliable income in an unbeatable location. Worthy of an inspection.
Secure an outstanding long-term investment in an irreplaceable location. Enjoy quality, reliable income from high-quality accommodation. This premier oceanfront complex offers proven success and endless potential. Don't miss this rare opportunity—it's truly worthy of an inspection.
Net Profit: $233,000
Asking Price: Offers Above $1.29M
(Inclusive of manager's real estate)
For further information or to arrange an inspection of this North Queensland Management Rights business opportunity contact:
Management Rights Broker
Antonio Curulli & Peter Ward
Property Code: 827
Business Summary
Business Snapshot
Price: Under Contract / Offer
Net Profit: $75,000 Remuneration / Body Corp Salary: $129,852Body corp salary review: CPI Annually
Managers Unit
Value of Managers Apartment: $575,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Complex Information
Complex Type: PermanentTotal Units in Complex: 38Total Units in Letting Pool: 15Owner Occupy Units: 20Outside Agent Units: 3Agreement Term: 25 yearsAgreement Term Remaining: 21 years
Key Investment Insights
Some additional key insights for this business for sale listing could include:
- Strong Financials: The net profit of $233,000 and remuneration/body corp salary of $129,852 demonstrate the financial stability and profitability of this business.
- Diverse Client Base: With a mix of short-term corporate stays and holiday rentals, this business has a diverse and reliable client base.
- Attractive Lifestyle: The opportunity to work from home every day and enjoy a beachfront lifestyle is a major draw for potential buyers.
- Potential for Growth: With opportunities to expand services and activities, as well as potential for future development in the area, there is potential for further growth and increased profits.
- Established Systems: The well-established systems in place make for easy management and a smooth transition for new owners.
- Third-Party Operations: The onsite restaurant operated by a third party provides additional income and convenience for guests.
- Strong Market Demand: The high demand for short-term rentals in this prime location ensures a steady stream of bookings and income for the business.
- Population Growth: The $1.1 billion residential project and potential rocket launch site in the area could lead to an increase in population and demand for accommodation.
- Ideal for All: This business is suitable for both newcomers and experienced operators, making it an attractive opportunity for a wide range of buyers.
Management Rights Multiplier: 9.53
ROI Estimate: 10.49%
