Maroochydore, Queensland

Price Reduction, Owner retiring , Easily run by one person

$525k MR & $850k Unit = Total $1.375M

Business Description

Envision each day starting with stunning sunrises over the beach and the gorgeous Maroochy River right at your doorstep. Revel in the enchanting lifestyle of Cotton Tree village, where a warm subtropical climate enhances every moment, and adventure beckons at every corner!

Your dream opportunity is here—to own a thriving management rights business in a stunning beachfront location, just steps away (only 50 meters!) from the sensational Maroochydore Beach! This irresistible holiday apartment complex offers the ultimate mix of work, play, and leisure, making it the perfect gateway to a luxurious semi-retirement lifestyle. Excitingly, the profit has increased over the original net profit outlined in the advert since it was listed, showcasing remarkable growth potential!This complex is easy for one person to run , then plenty of beach time just enjoy the lifestyle.

Imagine managing 20 beautifully designed apartments, with 9 currently set for holiday rentals and more ready to join the lucrative pool soon! Immerse yourself in a stress-free caretaking role that ensures flexibility and relaxation, perfectly suited for energetic individuals or couples eager to elevate their income by offering personalized cleaning services.

This extraordinary business venture is fully equipped with innovative booking and management software from Resly, a sleek, eye-catching website, cutting-edge Wi-Fi mesh for flawless connectivity, and streamlined systems that redefine convenience. With minimal maintenance required in this highly coveted location, you truly won't want to miss out!

If you’re ready to turn your dreams into reality and embark on the adventure of a lifetime, this is the opportunity you've been waiting for! This fantastic property demands your attention—reach out today for an exclusive information memorandum. Step into your new life in the vibrant Maroochydore community, where excitement and profit await at every turn! Plus, with the option for the management rights top-up extending it back to an incredible 10 years, your future has never looked brighter!

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary

Business Snapshot

Price: $525k MR & $850k Unit = Total $1.375M Net Profit: $172,192 Remuneration / Body Corp Salary: $59,319

Managers Unit

Value of Managers Apartment: $850,000Bedrooms: 2Bathrooms: 2

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 20Total Units in Letting Pool: 9Owner Occupy Units: 4Outside Agent Units: 4Lockup Units: 2Agreement Term: 10 yearsAgreement Term Remaining: 8 years

Marketing Agent

Geoff Hatchman

0427 93....

Ras360

Key Investment Insights

1. Prime beachfront location with stunning views and easy access to the beach and river.
2. Thriving management rights business with increasing profits and potential for growth.
3. Easy to run by one person, allowing for a flexible and relaxed lifestyle.
4. 20 beautifully designed apartments, with 9 currently set for holiday rentals and potential for more.
5. Fully equipped with innovative booking and management software, a sleek website, and cutting-edge Wi-Fi.
6. Minimal maintenance required in the highly coveted location.
7. Option for management rights top-up extending to an incredible 10 years.
8. Managers unit valued at $850,000 with 2 bedrooms and 2 bathrooms.
9. Complex type is a resort/holiday with 20 total units and 9 units in the letting pool.
10. Agreement term is 10 years with 8 years remaining.

Management Rights Multiplier: 3.05
ROI Estimate: 32.80%