Jubilee Pocket, Queensland

High End Resort situated in popular tourist destination Airlie Beach | Resort Brokers ID : MR008486

$1,100,000

Business Description

Primely positioned in the popular coastal town of Airlie Beach, this is a prime opportunity for the astute investor.

Mango House Resort features 22 well-appointed apartments, including 12 one-bedroom twin-key apartments and 10 one-bedroom apartments, for a total of 34 lettable rooms. The resort offers downstairs and upstairs apartments, alternating between poolside views and serene treetop vistas. All upstairs apartments are twin-key, each meticulously maintained, reflecting the resort’s commitment to quality and guest satisfaction.

The business is further complemented by a comfortable two-bedroom manager’s residence with a fully equipped kitchen and direct access to the office on the title.

With its desirable location in Airlie Beach and a combination of amenities, this sale presents a compelling option for potential buyers looking to enter the property market or expand their real estate portfolio.

- Located in popular tourist destination of Airlie Beach
- Net $240,096 30 June 2024 Financial Year and which includes Body CorporateSalary of $70,780 (ex GST)
- Experienced staff to assist with this transition
- Resort pool, BBQ and tropical garden surrounds
- 21 guest apartments in the letting pool
- Business very easy to run by two-person management team
- Well-appointed owner's residence
- Long agreements through to 29 June 2044
- Inspections are by appointment only
Date updated: 01 Jun 2025 23:00:05

Business Summary

Business Snapshot

Price: $1,100,000 Net Profit: $240,096 Remuneration / Body Corp Salary: $68,659

Managers Unit

Value of Managers Apartment: $350,000Bedrooms: 2Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 24Total Units in Letting Pool: 22Owner Occupy Units: 3Lockup Units: 1Agreement Term Remaining: 19 years
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