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 business, positioned on the coast offering direct lifestyle appeal and holiday demand.
2. Net operating income of $461,781 per annum, indicating strong cashflow for an owner-operator.
3. Lean operating model, currently run by a two-person management team, suggesting low labour overheads.
4. 24 of 44 units currently in the letting pool, leaving 20 units as clear upsell potential to increase revenue.
5. Occupancy rates are rising, and average nightly rates are described as soaring, signalling improving market performance.
6. Established, loyal clientele attributed to current management, supporting repeat bookings and stable revenue.
7. Exclusive use office provided, enhancing on-site administration and guest service, noting the office is not on title.
8. Upgraded manager’s two-bedroom apartment, fully air-conditioned and separate from the office, offers private owner accommodation.
9. Pet-friendly policy available upon application, broadening market appeal to pet-owning guests.
10. Clear growth pathway for scaling, including prospect to add a neighbouring complex to expand management rights and income.
