Maroochydore, Queensland

Boutique Management Rights in the Heart of Cotton Tree - 1P5241MR

Management Rights $1,350,000

Property Description

CRE Brokers as Exclusive Agents proudly present this spectacular Management Rights Business and residence opportunity.

On offer:

. 28.5% of Net Profit is Caretaker Salary secured;
. Cotton Tree precinct, its history long established as the perfect recreational/holiday destination;
. Enviable location;
. Office hours relaxed, contactable by mobile telephone;
. Low maintenance complex with strong income;
. Centrally located to take advantage of local Surf, RSL and Bowls Clubs;
. Water sports, fishing, tennis and Golf;
. Boutique shopping, great Cafes and restaurants;
. Peace of mind with secure underground parking;
. Luxurious apartment;
. Financials prepared by Management Rights Specialist Accountant.

TOTAL NUMBER OF UNITS : 22
UNITS IN LETTING POOL : 9
NET PROFIT : $ 144,237

MANAGER'S RESIDENCE : Three bedrooms, 2 bathrooms and open plan living area, a modern kitchen and the convenience of two car spaces

REAL ESTATE PRICE : $875,000
BUSINESS PRICE : $475,000
TOTAL ASKING PRICE : $1,350,000

Property Summary

Business Snapshot

Price: Management Rights $1,350,000 Net Profit: $130,000 Remuneration / Body Corp Salary: $41,171Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $875,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: Exclusive UsePets OK: Yes

Complex Information

Complex Type: HolidayTotal Units in Complex: 22Total Units in Letting Pool: 9Holiday Units: 9Owner Occupy Units: 6Outside Agent Units: 1Lockup Units: 5Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 18 yearsPool: YesBBQ Area: YesPay TV: YesWIFI: Yes

Other Features / Notes

A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS, C:QLD - Sunshine Coast
Marketing Agent
Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

Realistic Vendor - Keen To Sell
Not Required to Live Onsite
Located in Eight Mile Plains
Rare Large Townhouse Complex - High Renumeration
Quiet Townhouse Complex
Solid Investment - Motivated Vendor
Great Value Management Rights in Loganlea
Brisbane CBD - Motivated Vendor
82HF - THRIVING QLD PUB WITH FANTASTIC ROI
Business For Sale - Large Varsity Lakes Permanent - ID 8941 H
Secure this rare FREEHOLD motel on prime coastal reality with KNOCKOUT views! | Resort Brokers ID : FH006910
ONE OF QUEENSLAND'S LARGEST MANAGEMENT RIGHTS PORTFOLIO’S TO HIT THE MARKET | Resort Brokers ID : MR006896
FREEHOLD CARAVAN PARK IN NORTH WEST QLD OFFERED WITH RETURN OF OVER 16%
2667ML - A GREAT SIZE MOTEL WHERE NUMBER OF ROOMS IS KING
2404ML - A SMALL PRICE TO START YOUR MOTEL CAREER
1114ML - BLUE CHIP WATERFRONT BOUTIQUE LEASEHOLD HOTEL
CRACKING LITTLE BEACH SIDE LIFESTYLE BUSINESS - INSPECT NOW | Resort Brokers ID : MR006818
Secure your financial future lifestyle with this absolute beachfront MR | Resort Brokers ID : MR006916