Elanora, Queensland

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

Under Contract / Offer

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 37 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 $359,441 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 $23,000pa.

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 37 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 $23,000 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 Jun 2025 01:00:04

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $359,441 Remuneration / Body Corp Salary: $74,533

Managers Unit

Value of Managers Apartment: $950,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 66Total Units in Letting Pool: 38Owner Occupy Units: 6Outside Agent Units: 20Agreement Term Remaining: 24 years
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