Hope Island, Queensland

HOPE ISLAND DREAM BUSINESS WITH OVER $450K NET PROFIT & ROOM TO GROW! | Resort Brokers ID : MR007959

Under Contract / Offer

Business Description

ResortBrokers presents an exclusive opportunity to secure a coveted management and letting rights business in Hope Island. This waterfront complex is ideally positioned to capture sweeping views and access the very best of Hope Island's lifestyle.

This lucrative business investment offers a net profit over $450K, gives incoming manager's flexibility with no set hours and provides a well-planned, stylish manager's freehold lot with studio, offices, carpark and storage to successfully operate the business.

- Comprises a total of 207 apartments, all mid-rise buildings
- Verified net profit of $453,078 based on 43 units in the letting pool
- BC salary of $401,472
- 24 years remaining on Caretaking and Letting Agreements
- Freehold studio, office, carpark and storage space for manager use - $600,000
- No set office hours, manager is required to reside on-site
- Facilities include pool & spa, gymnasium, barbecue area and function room
- Private marina and allocated kayak, canoe and bicycle storage
- Close to Sanctuary Cove, Helensvale and Labrador’s shopping centres
- Contact the agent to find out more information and to book an inspection
Date updated: 25 Feb 2024 22:00:16

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $453,078 Remuneration / Body Corp Salary: $404,572

Managers Unit

Value of Managers Apartment: $600,000Bedrooms: 1Bathrooms: 1Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 207Total Units in Letting Pool: 43Owner Occupy Units: 154Outside Agent Units: 10Agreement Term Remaining: 25 years
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