Kings Beach, Queensland

Rare Business Only with a 21% ROI! | Resort Brokers ID : MRB006721

$550,000

Property Description

Business-only opportunity located in the Sunshine Coast! Offering new agreements of 25 years and no real estate to buy - this is perfect for those looking to cut their teeth in the industry or even for those in the pre-retirement phase looking to wind down. It would also be a great add-on business to an existing savvy MLR operator.



  • Business only (no real estate)

  • No set office hours

  • Aesthetically pleasing exterior and neatly appointed apartments

  • Opportunity to grow letting pool

  • Easily managed by a couple or sole operator

  • New 25 year agreement

  • Property inspection by appointment only


Date updated: 02 Jun 2021 13:00:07

Property Summary

Business Snapshot

Price: $550,000 Net Profit: $122,085 Remuneration / Body Corp Salary: $53,120

Managers Unit

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 28Total Units in Letting Pool: 10Holiday Units: 10Owner Occupy Units: 14Outside Agent Units: 1Lockup Units: 2Agreement Term Remaining: 25 years
Marketing Agent
Chenoa Daniel
Chenoa Daniel

ResortBrokers
ResortBrokers

ResortBrokers

Listing location
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