Elanora, Queensland

Acquire a Thriving Coastal Management Rights Business with Plenty of Upside | Resort Brokers ID : MR008490

$2,660,000

Business Description

ResortBrokers presents a profitable Management Rights in Elanora with untapped income potential in a holiday resort setting,

There are 66 dual key apartments with 38 in the letting pool, providing exceptional rental flexibility. The supportive Body Corporate committee further enhances the attractiveness of this investment, with long-term 24-year agreements in place.

There is significant upside to increase the already significant high Net Profit circa $375k with scope to bring in repair and maintenance income, convert onsite rentals in the outside rental pool, further, the manager's dual one-bedroom apartment generates an extra $22,000pa.

No requirement to live onsite or specified office hours, allows for the new manager to enjoy the idyllic holiday resort with lakefront water views and proximity to patrolled beaches, get in touch now to secure this prime Coastal investment.

- 66 dual key apartments and 38 in the letting pool provide exceptional rental flexibility.
- Freedom of operation with no requirement to live onsite and no specified office hours.
- Untapped potential with onsite rentals in the outside rental pool.
- Additional income opportunities through repair and maintenance services.
- Manager's one-bedroom apartment generating an additional $22,000 p.a.
- Profitable mix of short and long-term letting pools.
- Secure investment with long-term 24-year agreements.
- Idyllic holiday resort with lakefront water views and proximity to patrolled beaches.
- Inspections are strictly by appointment only
Date updated: 01 Dec 2024 22:00:07

Business Summary