Maroochydore, Queensland

Beachside Resort - Maroochydore, Sunshine Coast

$3,895,000

Business Description

Situated at the core of the vibrant Sunshine Coast, this management rights complex offers an array of expansive 1, 2, and 3-bedroom apartments, each featuring fully equipped kitchens, open-plan living areas, and private balconies for an enhanced living experience. Every apartment is equipped with ducted air conditioning, full laundry facilities, Foxtel, complimentary Wi-Fi, and the convenience of secure onsite parking. The complex boasts a total of 76 apartments, with 25 of them dedicated to the
letting pool. Enjoy an assortment of facilities, including a heated outdoor swimming pool, a BBQ area perfect for gatherings, a well-equipped gymnasium to stay fit, and a games room for recreational activities. Benefit from the Accommodation Module agreements that extend until 2045, providing stability and assurance. Moreover, revel in the flexibility of no set office hours within the agreement, offering added convenience and adaptability for both residents and management.

Business Summary

Business Snapshot

Price: $3,895,000 Net Profit: $520,000

Managers Unit

Value of Managers Apartment: $1,245,000Bedrooms: 3Bathrooms: 2Pets OK: Yes
Meticulously maintained, this expansive manager's apartment offers three bedrooms and two bathrooms, occupying the second level of the complex. Boasting an impressive presentation, the residence features a generously-sized outdoor courtyard. Additionally, pets are allowed with approval from the Body Corporate.

Complex Information

Complex Type: HolidayTotal Units in Complex: 76Total Units in Letting Pool: 25Owner Occupy Units: 48Outside Agent Units: 1Lockup Units: 2Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesSpa: YesGym: YesGames Room: YesBBQ Area: Yes
Marketing Agent
Mark McKay
Mark McKay

Lyn Pearsall
Lyn Pearsall

Key Investment Insights

1. Prime location in the vibrant Sunshine Coast, a popular tourist destination.
2. A variety of spacious and well-equipped apartments, catering to different accommodation needs.
3. Diverse range of facilities including a heated outdoor pool, BBQ area, gym, and games room.
4. Accommodation Module agreements in place until 2045, providing stability and assurance.
5. No set office hours within the agreement, offering flexibility and convenience for residents and management.
6. Strong net profit of $520,000.
7. Manager's apartment valued at $1,245,000 and in excellent condition.
8. Pets allowed with approval from the Body Corporate.
9. Large complex with 76 units, 25 of which are in the letting pool.
10. Only one outside agent unit, ensuring a high level of control for the management.
11. Long agreement term remaining with 22 years.
12. Onsite amenities such as a pool, spa, gym, and games room, providing added convenience for residents.
13. Opportunity for growth and expansion through marketing and increasing occupancy rates.
14. Well-maintained and presented complex, with a strong reputation and positive reviews.
15. Potential for a lifestyle change with the opportunity to live in a desirable location and manage a successful business.
Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

Streaky Bay Islands Caravan Park
Substantial CBD investment
Exclusive - NO REQUIREMENT to Live Onsite & Extra Rental Income – ID 9129
Majestic Ocean Views - ID 8423
AN OUTBACK MOTEL AND CARAVAN PARK OASIS WITH SOLID RETURNS - 1437ML
Exclusive - Navigate Towards Success in Hervey Bay- ID 9127
NOP $315K BUSINESS-ONLY MLR PORTFOLIO WITH NO COMMON FACILITIES | Resort Brokers ID : MRB008205
Outrigger: Where Hospitality Meets Profitable Waves, Surging with Over $377k in Net Profit!
Ill Health Requires Sale - Performing Very Well
Unlock Robina's Location: Net Profits over $141,000 in a Vibrant Business Hub!
Money Maker Holiday Park Close to Town Centre
Retiring Seller - Owner Must Sell!
Prime Business Only Fortitude Valley Management Rights: Lucrative Opportunity Awaits! 🌟
POPULAR REGIONAL MOTEL LEASEHOLD - 1642ML
$511K Net, No Pool, No Garden – ID 9134
EXCEPTIONAL LIFESTYLE WITH A SIMPLE COMMUNITY BASED COUNTRY PUB IN THE MIDDLE OF TOWN - 52HF
Terminus Hotel
Brassall Retirement Village. very low multiplier