Denham, Western Australia

Escape to World Heritage WA | Resort Brokers ID : MR008573

$1,500,000

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 34% return on investment (2.9x Multiple), based on the 2024 owners net profit of $397,000, Oceanside Village represents amazing value for a new owner-operator. The current managers have operated Oceanside Village for over 13 years, and are now looking to move on.

- Outstanding beachfront location overlooking the pristine waters of Shark Bay
- Perpetual Management Agreement with automatic renewal every 2 years
- 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: 09 Feb 2025 22:00:06

Business Summary

Business Snapshot

Price: $1,500,000 Net Profit: $397,045

Managers Unit

Value of Managers Apartment: $325,000

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 23Agreement Term Remaining: 50 years
Marketing Agent
Blair Macdonald
Blair Macdonald

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