Denham, Western Australia

Escape to World Heritage WA – Amazing 2.5x Multiple! | Resort Brokers ID : MR006921

$1,490,000

Business Description

If you love fishing, lifestyle, and blue skies, this highly profitable Management Rights opportunity on the West Coast of WA is for you.

Oceanside Village is a modern 3.5-star self-contained waterfront holiday villas accommodation fronting directly onto the beautiful tranquil swimming beach of Denham, WA. The property is located a short 20-minute drive from the famous Monkey Mia dolphin beach, a major tourist attraction, and is within the Shark Bay World Heritage area which is a recreational fishing mecca.

Offering a 40% return on investment (2.5x Multiple), based on a three-year average Owner's Net Profit of $440,000, Oceanside Village represents amazing value for a new owner-operator. The current managers have operated Oceanside Village for over 11 years, and are now looking to move on.

- Outstanding beachfront location overlooking the pristine waters of Shark Bay
- Automatic renewal of Management Agreement
- Three bedroom manager's villa with office on title
- Close to famous tourist attractions such as the Monkey Mia dolphins, and whale watching
- Modern 2003 constructed complex
- Little to no maintenance gardens
- Excellent occupancy
- Property inspections are by appointment only
Date updated: 07 Apr 2024 23:00:10

Business Summary

Business Snapshot

Price: $1,490,000 Net Profit: $447,673

Managers Unit

Value of Managers Apartment: $390,000Bedrooms: 3Bathrooms: 1

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 23Total Units in Letting Pool: 22Owner Occupy Units: 1Agreement Term Remaining: 2 years
Marketing Agent
Blair Macdonald
Blair Macdonald

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