Maroochydore, Queensland
A Beach Front Management Rights Business – Exceptional Opportunity with Proven Income Potential
Under Contract / Offer
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. Net Operating Income reported at $461,781 p.a., indicating strong current cashflow potential.
2. Lean current operating structure, managed by a two-person team, reducing ongoing labour costs.
3. 24 of 44 units are in the letting pool, signalling clear upside from adding the remaining 20 units.
4. Occupancy rates are increasing and average nightly rates are rising, demonstrating positive market momentum.
5. Opportunity suited to first-time operators or growth buyers, specifically those able to scale by adding a neighbouring complex.
6. Exclusive use office provided, offering on-site administration facilities, though it is not on title.
7. Manager's unit is a two-bedroom apartment, upgraded with modern finishes and fully air-conditioned, separated from the office for privacy.
8. Beachfront coastal location provides lifestyle appeal and guest demand advantages associated with seaside accommodation.
9. Property is pet-friendly upon application, broadening guest market appeal.
10. Vendor disclaimer advises prospective buyers to verify information, highlighting the need for purchaser due diligence.
