Maroochydore, Queensland
A Beach Front Management Rights Business – Exceptional Opportunity with Proven Income Potential
$2650000
Business Description
Step into a prime opportunity with this exceptional Management Rights – an immaculate complex boasting increasing occupancy rates and soaring average nightly rates. With 24 of the 44 units currently in the letting pool, this highly sought-after accommodation continues to attract loyal clientele, thanks to the outstanding efforts of the current management team.
Generating an impressive Net Operating Income of $461,781 p.a. with a lean 2-person management team, this opportunity is perfect for first-time operators or those looking to scale with the addition of a neighboring complex.
Enjoy the unique benefits of an exclusive use office (not on title) and a manager's unit that has been upgraded with modern finishes. The two-bedroom apartment, fully air-conditioned throughout, offers a tranquil retreat, separate from the office, allowing for privacy and comfort when away from work. Pet-friendly (upon application), this coastal location offers the ultimate lifestyle – live by the sea and enjoy the healthy, happy environment that comes with it.
With incredible income potential and an unbeatable lifestyle, this property is an exceptional income generator waiting for the right owner to take it to the next level.
Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
Business Summary
Key Investment Insights
1. Beachfront location, offering strong lifestyle appeal and direct coastal attraction for guests.
2. Proven financial performance, generating Net Operating Income of $461,781 p.a.
3. Lean operating structure, successfully run by a two-person management team, indicating low labour overhead.
4. 44-unit complex with 24 units currently in the letting pool, signalling immediate upside by onboarding the remaining 20 units.
5. Increasing occupancy rates and rising average nightly rates, demonstrating positive market momentum and revenue growth potential.
6. Exclusive use office provided, offering on-site administrative facilities, though the office is not on title.
7. Manager’s two-bedroom apartment upgraded and fully air-conditioned, providing comfortable on-site accommodation separate from the office.
8. Pet-friendly policy upon application, broadening guest appeal and marketability for longer stays or family travellers.
9. Attractive acquisition for first-time operators, with scope to scale by adding a neighbouring complex as suggested in the listing.
10. Strong repeat and loyal clientele noted, reflecting effective current management and guest satisfaction.
