Kings Beach, Queensland
Price Reduced Motivated Seller, Great Profit Potential Awaits!
$498,000 - Business Only
Business Description
Sunshine Coast Management Rights Available | Offsite Living - Achieve a Harmonious Work-Life Blend
This holiday management rights opportunity consists of 31 units, with 9 currently in the letting pool, boasting stunning ocean and hinterland views from the balconies. The complex includes easy-to-maintain landscaped areas, a swimming pool, a heated spa, a sauna, and a poolside BBQ area for guest leisure. It also provides secure underground parking with elevator access to all units, in addition to two storage rooms and a dedicated storage cage.
Situated just a short walk from the beach, dining spots, and local attractions, this business allows for offsite holiday letting management, offering flexibility and an exceptional work-life balance with no set office hours. As there is no real estate involved, this is an excellent business-only opportunity that generates a strong income and is simple to operate.
Net Profit: $162,000
Asking Price: $498,000
Reach out today to Geoff Hatchman from Ras360 Property Solutions, your local Sunshine Coast broker for more details!
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: $498,000 - Business Only
Net Profit: $170,489 Remuneration / Body Corp Salary: $61,921
Complex Information
Complex Type: Resort / HolidayTotal Units in Complex: 31Total Units in Letting Pool: 9Owner Occupy Units: 10Outside Agent Units: 4Lockup Units: 7Agreement Term: 10 yearsAgreement Term Remaining: 8 years
Key Investment Insights
1. 31 units in total, with 9 currently in the letting pool
2. Stunning ocean and hinterland views from balconies
3. Easy-to-maintain landscaped areas, swimming pool, heated spa, sauna, and poolside BBQ area for guest leisure
4. Secure underground parking with elevator access to all units
5. Two storage rooms and a dedicated storage cage
6. Located within walking distance to the beach, dining spots, and local attractions
7. Offsite holiday letting management allows for flexibility and work-life balance
8. No set office hours
9. Business-only opportunity with no real estate involved
10. Strong income and simple to operate
11. Net profit of $162,000
12. Asking price of $498,000
13. Specializing in management rights, motels, hotels, pubs, and parks
14. Resort/holiday complex with 31 units in total
15. 10-year agreement term with 8 years remaining
