Cotton Tree, Queensland

Business For Sale - Exquiste Beach Location - Sunshine Coast - ID 9035 BL

$1,961,785

Property Description

Sunshine Coast Management Rights For Sale
Boutique Style Resort

- Ideal beachside location overlooking the ocean
- Central to everything in the Cotton Tree / Maroochydore area
- 49 well appointed apartments with 8 in the letting pool
- Apartments are spacious and feature new air conditioning units
- Stunning ocean or parkland views
- Great Body Corporate salary
- Heated outdoor pool, BBQ area, gym and Wi-Fi throughout the building
- Accommodation Module agreements
- Easily managed business
- Manager's residence offers 2 bedrooms, 2 bathrooms with a sizeable balcony
- Pet permitted with Body Corporate approval
- Unique opportunity to secure this Mangement Rights business in an awesome location on the Sunshine Coast. Attractive natural surrounding and in close proximity to shopping, entertainment and dining precincts.

Net Profit: $211,912
Asking Price: $1,961,785
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Sunshine Coast Management Rights business for sale contact:

Management Rights Broker
Mark McKay

Property Summary

Business Snapshot

Price: $1,961,785 Net Profit: $211,912 Remuneration / Body Corp Salary: $130,925Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $900,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
Spacious 2 bedroom apartment, Large balcony overlooking the stunning Cotton Tree beach, Newly installed air conditioning, Modern and fully equipped kitchen, Ceiling fans in all rooms

Complex Information

Complex Type: HolidayTotal Units in Complex: 49Total Units in Letting Pool: 8Holiday Units: 7Permanent Units: 1Owner Occupy Units: 40Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 19 yearsPool: YesSpa: YesGym: YesBBQ Area: YesWIFI: Yes
Marketing Agent
Listing location
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