Maroochydore, Queensland

AMAZING COMPLEX WITH LARGE NET INCOME IN SUPERB LOCATION

$5,210,000

Business Description

Management Rights for sale Sunshine Coast . This Holiday Resort complex is located with direct access to patrolled beach, It is a large holiday complex and presents beautifully, the resort is superbly located in Cotton Tree Village, which enables you and your guests to take advantage of what the Sunshine Coast has to offer. Walking distance to the Maroochy river, patrolled beaches, and for guests to enjoy the village atmosphere providing magnificent Alfresco dining, Cafe's, and restaurants.

The Resort offers a wide variety of facilities:
Two heated pools
Two heated spas
Childrens wading pool
Sauna
Secure undercover parking
Full tennis court
Undercover BBQ facilities
Free tour desk
Private walkway to patrolled surf beach
Lift access to all floors
Security intercom
Free cable TV
Direct dial telephone for local/STD/ISD
Washing machine and dryer in all apartments
Friendly onsite managers and staff
Lush tropical gardens

The Cotton Tree Village is right on the doorstep of the beautiful Maroochy River, Its location and facilities make the Resort the perfect choice for families, with affordable well appointed comfortable accommodation and private access to Maroochydore’s safe, clean, patrolled beach. The Resort is within easy walking distance to Maroochy Surf Club, Maroochydore RSL Club, The Bowls Club, The Library, parks, playgrounds and many fabulous eating places.

Featuring two separate high-rise towers the Resort is situated right beside the beach and within a short distance to major attractions, because of the complex being centrally positioned enables guests to walk to Alexandra Headland, Mooloolaba, Cotton Tree and Maroochydore to enjoy other patrolled Beaches, Surfing, Stand Up Paddle boarding, Kayaking, Fishing and Kite surfing. Maroochydore has an amazing shopping precinct for retail therapy.

The Sunshine Coast also provides some of Queensland's major tourist attractions with Aussie Zoo, Big Kart track, Sealife Aquarium, Aussie World Theme Park, Eumundi Markets, Bli Bli Castle, Big Pineapple and lots more.

This complex has an amazing repeat guest following because of the location, facilities and amenities it provides to its guests.

Please contact agent for inspection.

Business Summary

Business Snapshot

Price: $5,210,000 Net Profit: $733,000 Remuneration / Body Corp Salary: $244,250

Managers Unit

Value of Managers Apartment: $960,000Bedrooms: 3Bathrooms: 2Car Spaces: 3Office: On TitlePets OK: Yes

Renovated Spacious 3 Bedroom 2 Bathroom with 3 car parks

Complex Information

Complex Type: HolidayTotal Units in Complex: 106Total Units in Letting Pool: 54Owner Occupy Units: 40Outside Agent Units: 2Lockup Units: 10Agreement Term: 25 yearsPool: YesSpa: YesSauna: YesTennis Court: YesBBQ Area: YesPay TV: YesWIFI: Yes

Marketing Agent

Wayne Stoll

0425 18....

Narelle Filmer

0459 22....

Think Management Rights

Key Investment Insights

1. Highly profitable holiday resort complex with a large net income of $733,000.
2. Superb location with direct access to patrolled beach and close proximity to Maroochy river, parks, and other major attractions.
3. Wide range of facilities including two heated pools, spas, children's wading pool, sauna, and tennis court.
4. Secure undercover parking, BBQ facilities, tour desk, and private walkway to the beach.
5. Lift access to all floors, security intercom, and free cable TV.
6. Onsite managers and staff provide friendly service.
7. Lush tropical gardens add to the resort's appeal.
8. Two separate high-rise towers with well-appointed and comfortable accommodation options.
9. Centrally positioned, allowing guests to easily access nearby areas such as Alexandra Headland, Mooloolaba, Cotton Tree, and Maroochydore.
10. Strong repeat guest following due to the location, facilities, and amenities provided.
11. Managers apartment is renovated and spacious with 3 bedrooms, 2 bathrooms, and 3 car parks.
12. Complex is a holiday type with 106 units, 54 in the letting pool, and 40 owner-occupied units.
13. Long 25-year agreement term.
14. Additional facilities include a pool, spa, sauna, tennis court, BBQ area, pay TV, and WIFI.
15. Pets are allowed in the managers apartment.

Management Rights Multiplier: 5.80
ROI Estimate: 17.25%