Maroochydore, Queensland
A Beach Front Management Rights Business – Exceptional Opportunity with Proven Income Potential
$2500000
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 management rights for an immaculate complex, offering direct coastal location and lifestyle appeal.
2. Complex comprises 44 units, with 24 currently in the letting pool, indicating room to grow managed inventory.
3. Increasing occupancy rates and rising average nightly rates demonstrate improving trading performance.
4. Net operating income of $461,781 p.a., signalling strong current cashflow.
5. Business operated by a lean two-person management team, implying low on-site labour costs and efficient operations.
6. Suitable for first-time operators or buyers seeking to scale by acquiring a neighbouring complex, indicating growth pathways.
7. Exclusive use office provided, though not on title, offering on-site administrative space for managers.
8. Manager’s unit is a modernised two-bedroom apartment, fully air-conditioned and separate from the office, enhancing live-in convenience and privacy.
9. Pet-friendly policy (upon application), broadening appeal to guests and long-stay residents.
10. Proven income generator with clear upside from adding more units to the letting pool and continuing rate and occupancy momentum.
