Labrador, Queensland

LARGE SCALE GOLD COAST OPPORTUNITY (16% ROI)

$3,490,000

Business Description

An outstanding opportunity to purchase a well performing business located right within the Gold Coasts central precinct. This complex lends itself perfectly to holiday guests and retains a significant upside for the new owner to take the business to the next level. With a low $650,000 for all the included real estate including office/reception area and a large 3 bedroom (Pet Friendly) mangers unit, this complex is perfect for either new entrants to the Management Rights industry, partnership or syndicated purchase.

Key highlights

- Substantial Income of $551,779 (16% ROI)
- Excellent guest return rate and solid steady occupancy
- Sound BC Salary
- Well appointed low rise complex and easy to manage and maintain
- Central Attractive Location with close proximity to attractions
- Excellent facilities to accomodate short term stays
- Good opportunity to grow letting pool and increase profit
- Large 3 Bedroom, 2 Bathroom managers unit (Pet Friendly)
- 25 year Caretaking and Letting Agreements
- No Set Office Hours (Make your own)
- Flexibility to employ additional staff if you choose (Allowance for staff included in P&L)

Please call Charles Nurse to receive a full information package and or arrange an inspection.

Business Summary

Business Snapshot

Price: $3,490,000 Net Profit: $561,369

Managers Unit

Value of Managers Apartment: $650,000Bedrooms: 3Bathrooms: 2Office: On TitlePets OK: Yes

Complex Information

Complex Type: HolidayAgreement Module: AccommodationAgreement Term: 25 yearsPool: YesGym: YesBBQ Area: Yes
Marketing Agent

Key Investment Insights

1. High income potential with a 16% ROI.
2. Strong guest return rate and steady occupancy.
3. Well-appointed and easy to manage complex.
4. Central and attractive location with close proximity to attractions.
5. Potential for growth in the letting pool and increased profits.
6. Large 3 bedroom, 2 bathroom managers unit that is pet-friendly.
7. Long-term caretaking and letting agreements.
8. Flexibility to set your own office hours.
9. Option to employ additional staff.
10. Low purchase price of $650,000 for all included real estate.
11. Opportunity for new entrants to the management rights industry.
12. Potential for partnership or syndicated purchase.
13. Sound body corporate salary.
14. Good facilities to accommodate short-term stays.
15. Option to live on-site in the managers unit.
16. No set office hours, allowing for a flexible work schedule.
17. Included allowance for staff in the profit and loss statement.
18. Potential for further development and growth in the future.
19. Fully furnished and equipped complex for immediate takeover.
20. Comprehensive information package and inspection available upon request.

Management Rights Multiplier: 5.06
ROI Estimate: 19.77%

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