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: Yes
Fully 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
Marketing Agent

Key Investment Insights

Management Rights Multiplier: 2.88
ROI Estimate: 34.67%

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