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 - contact us 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 $190k 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: 15 Sep 2024 23:00:06

Business Summary

Business Snapshot

Price: $720,000 negotiable Net Profit: $190,423 Remuneration / Body Corp Salary: $36,060

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: 1Agreement Term Remaining: 23 years