Mission Beach, Queensland

High performing & solid Management Rights business in beautiful Mission Beach | Resort Brokers ID : MR007564

$720,000 negotiable

Business Description

This is a fantastic opportunity to secure a perfect lifestyle business whilst also earning a strong income. Perfectly positioned a short stroll to the beach in the growing region of Mission Beach in Tropical North Queensland, this Management Rights property is secure with 23-year agreements.

This opportunity provides the ultimate lifestyle/work balance so don't delay and book your inspection today.

- Easily managed by a two-person team
- 23 years left on agreements
- Forward bookings through until 2026
- Office/reception on title for ease of access
- Strong repeat corporate clientele
- Quick two-minute stroll to the beach
- No set office hours
- High Net profit of $187k for sale at a multiplier under 3x
- 13 units in letting pool with dual key of 26 rooms
- Property inspections are by appointment only
Date updated: 09 Jun 2024 23:00:11

Business Summary

Business Snapshot

Price: $720,000 negotiable Net Profit: $187,814 Remuneration / Body Corp Salary: $31,375

Managers Unit

Value of Managers Apartment: $300,000Bedrooms: 2Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 15Total Units in Letting Pool: 13Owner Occupy Units: 2Agreement Term Remaining: 25 years
Marketing Agent
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