Coolum Beach, Queensland
Under Contract - ID 9170
Under Contract / Offer
Business Description
Holiday Management Rights For Sale
Dual Income
- No set office hours - contactable only. REI Cloud booking system
- Dual income - includes commercial lot at the base of the complex
- Ability to live offsite
- Earn additional income by adding the manager's unit to the letting pool
- Well appointed 2 bedroom manager's residence, secure parking and very large storage room
- Long agreement with 20 years remaining
- Onsite facilities include: Heated pool, spa, sauna and secure underground parking
- Minimal workload, easily managed by single operator
- Coolum Main Beach just metres away
- All inspections by appointment only
Rare opportunity to secure this sought after boutique style resort in Coolum Beach. This exceptional property, cherished by the owners for years offers not just a business but a lifestyle, perfectly positioned just steps from stunning Coolum Beach and vibrant shopping & dining precinct.
Net Profit: $208,000
Asking Price: $1,230,000
(Inclusive of Manager's Real Estate)
For further information or to arrange an inspection of this Sunshine Coast Management Rights business for sale contact:
Exclusive Management Rights Broker
Meagan Monk
Property Code: 917
Business Summary
Business Snapshot
Price: Under Contract / Offer
Net Profit: $208,000 Remuneration / Body Corp Salary: $49,336
Managers Unit
Value of Managers Apartment: $630,000Bedrooms: 2Bathrooms: 1Car Spaces: 2Office: Exclusive UsePets OK: YesFully renovated two bedroom residence, one bathroom, spacious and light filled living/dining area, private balcony, air conditioning and ceiling fans throughout, well appointed kitchen, estra large storage room located in the secure car park
Complex Information
Complex Type: HolidayTotal Units in Complex: 15Total Units in Letting Pool: 11Owner Occupy Units: 2Outside Agent Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesSpa: YesSauna: Yes
Key Investment Insights
Management Rights Multiplier: 2.88
ROI Estimate: 34.67%