Maroochydore, Queensland
Exciting Price Reduction! Perfect Entry Level Management Rights
$550K MR & $850K =Total $1.4M
Business Description
Discover the Maroochydore Gem: Adventure, Beach, and Sunshine!
Take advantage of this exceptional opportunity to own a thriving management rights business, complete with a modern manager's apartment, located just moments from the breathtaking Maroochydore Beach. This sought-after holiday apartment complex offers the perfect blend of work and relaxation, ideal for a semi-retirement lifestyle.
Featuring 20 apartments, including 10 designated for holiday rentals, this property presents a simple caretaking role that allows for stress-free days and easy management. It's perfectly designed for individuals or couples, with plenty of opportunities to increase your income by adding your own cleaning services.
Picture yourself enjoying the stunning beach and picturesque Maroochy River right at your doorstep, all while experiencing the magical lifestyle of Cotton Tree village. The warm subtropical climate enhances your daily living, making it a pleasure every step of the way.
This remarkable business comes equipped with comprehensive booking and management software by Resly, a user-friendly website, new Wi-Fi mesh for seamless connectivity, and efficient business systems that streamline operations. With low maintenance requirements in such a desirable location, this is a unique find!
If you’ve been on the hunt for the perfect opportunity that matches your lifestyle and professional aspirations, your search ends here! Don’t wait—mark this property as a must-see. Contact me today for an in-depth information memorandum, and take a significant step toward your dream venture in the vibrant Maroochydore community. Your exciting opportunity awaits!
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: $550K MR & $850K =Total $1.4M
Net Profit: $166,000 Remuneration / Body Corp Salary: $56,494
Managers Unit
Bedrooms: 3Bathrooms: 2Complex Information
Complex Type: Resort / HolidayTotal Units in Complex: 20Total Units in Letting Pool: 10Owner Occupy Units: 4Outside Agent Units: 4Lockup Units: 2Agreement Term: 10 yearsAgreement Term Remaining: 8 years
Key Investment Insights
1. Located in the highly sought-after Maroochydore Beach area, offering a perfect blend of work and relaxation.
2. Easy management with only 10 designated holiday rental apartments and low maintenance requirements.
3. Potential for increased income by adding cleaning services.
4. Comprehensive booking and management software, user-friendly website, and efficient business systems in place.
5. Manager's apartment features 3 bedrooms and 2 bathrooms.
6. Complex consists of 20 units, with 10 in the letting pool and 4 owner-occupied units.
7. Outside agent units and lockup units provide additional income opportunities.
8. Long 10-year agreement with 8 years remaining.
9. Net profit of $166,000 and remuneration/body corp salary of $56,494.
10. Perfect opportunity for individuals or couples looking for a semi-retirement lifestyle in a vibrant community.