Maroochydore, Queensland

Acquire Prime Beachfront Resort, held for a decade, netting over $450,000 | Resort Brokers ID : MR008302

$3,580,000

Business Description

ResortBrokers presents a lucrative investment in Maroochydore's serene Cotton Tree area. This Management Rights property, featuring resort-style amenities such as a heated pool, spa, steam room, and barbecue area, promises substantial financial growth.

With flexible office hours, a net profit exceeding $450k, and a generous body corporate salary, it's an opportunity primed for success.

The manager's residence, a four-bedroom haven, adds commercial versatility.

With a sinking fund surplus exceeding $1 million and all major works completed, this exceptional business is ready for its next chapter.

- Located in the serene Cotton Tree area of Maroochydore, a coveted location in the heart of Queensland's Sunshine Coast
- Four-bedroom manager's residence offering the potential for commercial versatility or additional office space
- Comprising of 57 stylish and spacious two & three bedroom apartments and eight multi-level self-contained beach houses
- A substantial sinking fund exceeding $1 million in surplus, with all major works already completed
- No set office hours, a net profit of $457,143, and an attractive body corporate salary
- Select apartments offer breathtaking views of the ocean, Maroochydore River, or the vibrant city space
- Heated pool, spa, steam room, and barbecue area for a luxurious lifestyle
- Ample opportunity for new management to elevate the business to the next level with minimal effort
- Inspection by appointment only.
Date updated: 10 Jun 2024 23:00:03

Business Summary

Business Snapshot

Price: $3,580,000 Net Profit: $457,143 Remuneration / Body Corp Salary: $130,937

Managers Unit

Value of Managers Apartment: $1,300,000Bedrooms: 4Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 65Total Units in Letting Pool: 35Owner Occupy Units: 8Outside Agent Units: 2Agreement Term Remaining: 18 years
Marketing Agent
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