Horseshoe Bay, Queensland

Business For Sale - Island Living - Far North Queensland - ID 8706 BL

$695,000

Property Description

Management Rights For Sale
Minimal Workload

- Holiday management rights for sale
- Restful holiday destination, a true 'holiday experience' property
- 15 apartments with 11 in the letting pool
- Just 50 metres from the beachfront
- Facilities include swimming pool, spa, BBQ, Cable TV and Wi-Fi
- Easy to run complex
- Application with BC to have agreements topped back up to 10 years
- Generous office on title
- Three bedroom, two bathroom manager's residence

Enjoy this tropical island paradise. A business opportunity easily run by a two person team.

Net Profit: $131,560
Asking Price: $695,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this North Queensland Management Rights business contact:

Management Rights Broker
Antonio Curulli

Property Summary

Business Snapshot

Price: $695,000 Net Profit: $131,560 Remuneration / Body Corp Salary: $43,873Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $350,000Bedrooms: 3Bathrooms: 2Office: On Title
Spacious three bedroom residence, Two bathrooms, Views from the living area out over the bay, Office and guest reception on title with direct access from the residence

Complex Information

Complex Type: HolidayTotal Units in Complex: 15Total Units in Letting Pool: 11Holiday Units: 11Owner Occupy Units: 2Outside Agent Units: 1Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 7 yearsPool: YesSpa: YesBBQ Area: YesPay TV: YesWIFI: Yes
Marketing Agent
Antonio Curulli
Antonio Curulli

Listing location
Gallery

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