Coolum Beach, Queensland
3.9 Multiplier Coolum Beach - CBD Location By the Beach - PRICED TO SELL!! - 1P3615MR
Management Rights $1,090,000
Sunshine Coast's best value Boutique Resort Management Rights for Sale by CRE Brokers.
Lifestyle Resort located in the heart of the town, directly across the road from renowned Surf Club. Recent total external makeover in a modern earthy colours, looks fantastic!
The building attractions:
. Natural Remedy Massage, Asante Day Spa, Bottle Shop, 3 Restaurants;
. Heated Pool, Sauna and Heated Spa;
. Two BBQ areas
. Tastefully renovated 2 bedroom;
. Granite kitchen and plantation shutters;
. Large storage area.
. Perfect lifestyle opportunity;
. Excellent Return on your Entire Investment;
. Centrally located in the magical Sunshine Coast, only 10 minutes to the International Airport.
. Plus 1 rental in neighbouring complex.
Motivated vendors priced the business accordingly.
UNITS IN LETTING POOL - 10
NET PROFIT - $155,000 (TBC)
REAL ESTATE PRICE - $480,000
BUSINESS PRICE - $610,000
TOTAL ASKING PRICE - $1,090,000
Price: Management Rights $1,090,000
Net Profit: $155,000 Remuneration / Body Corp Salary: $39,164Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $430,000Bedrooms: 2Bathrooms: 1Pets OK: Yes
Includes a large storage area for the manager.
Complex InformationComplex Type: HolidayTotal Units in Complex: 15Total Units in Letting Pool: 11Holiday Units: 11Owner Occupy Units: 2Outside Agent Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: YesSpa: YesSauna: YesBBQ Area: Yes
Other Features / Notes
A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS, C:QLD - Sunshine Coast