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 $455,722 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 with direct coastal location, offering strong lifestyle appeal and marketability.
2. Complex totals 44 units, with 24 currently in the letting pool, indicating immediate revenue and room to grow.
3. Increasing occupancy rates and rising average nightly rates, signalling improving demand and yield.
4. Net Operating Income of $455,722 per annum, demonstrating solid proven earnings.
5. Operated by a lean two-person management team, implying low labour overhead and operational efficiency.
6. Positioned as suitable for first-time operators or for growth through acquisition of a neighbouring complex.
7. Exclusive use office provided, though not on title, suggesting a licence or lease arrangement for the office space.
8. Manager’s two-bedroom unit upgraded with modern finishes, fully air-conditioned, and separate from the office, supporting live-in management and privacy.
9. Pet-friendly policy upon application, enhancing appeal to a broader guest demographic.
10. Clear upside via conversion of additional units into the letting pool, offering scalable revenue opportunities.
