Kings Beach, Queensland
Low Maintenance & High Profit on the Sunshine Coast - ID 8586
$498,000
Business Description
Sunshine Coast Management Rights For Sale
Live Offsite - Flexible Work Life Balance
- Holiday management rights opportunity
- 31 apartments with 9 in the letting pool
- Ocean and hinterland balcony views
- Low maintenance grounds
- Swimming pool, heated spa and sauna
- Poolside BBQ
- Secure underground car park and lift access to apartments
- Close proximity to beach, eateries and local attractions
- No office hours - holiday letting can be managed offsite providing a great work life balance
- No real estate to purchase
Opportunity for another business only add-on which is easily run with a good income. Call Now!
Net Profit: $162,000
Total Asking Price: $498,000
For further information or to arrange an inspection of this Sunshine Coast management rights business for sale contact:
Management Rights Broker
Meagan Monk
Property Code: 614
Business Summary
Business Snapshot
Price: $498,000
Net Profit: $162,000 Remuneration / Body Corp Salary: $60,216
Managers Unit
No real estate to purchase with this business however there is the option to purchase a 2 bedroom residence if required
Complex Information
Complex Type: HolidayTotal Units in Complex: 31Total Units in Letting Pool: 9Owner Occupy Units: 6Outside Agent Units: 5Lockup Units: 10Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 10 yearsPool: YesSpa: YesSauna: YesTennis Court: YesBBQ Area: YesWIFI: Yes
Key Investment Insights
- Holiday management rights business with low maintenance grounds and high profit potential
- 31 apartments in complex with 9 in the letting pool
- Stunning ocean and hinterland views from balconies
- On-site amenities including swimming pool, heated spa, sauna, and BBQ area
- Secure underground car park and lift access to apartments
- Close proximity to beach, restaurants, and local attractions
- No office hours, allowing for a flexible work-life balance
- Opportunity for additional add-on business with good income potential
- No real estate to purchase with the business
- Net profit of $162,000 and total asking price of $498,000
- 10-year agreement term with 10 years remaining
- On-site facilities include pool, spa, sauna, tennis court, and BBQ area
- Optional 2-bedroom residence available for purchase.
