Moffat Beach, Queensland

Rare North Facing Beachfront Resort

SOLD

Business Description

Arguably one of the best management rights businesses available on the Sunshine Coast!

- 3 bedroom manager's unit with outstanding beach and ocean views.
- Spacious office and back office.
- Easy care grounds.
- Every apartment with outstanding ocean views.
- Supportive committee.
- Long agreements. 24 years to run.
- Excellent potential to increase the net income.

Business Summary

Business Snapshot

Price: SOLD Net Profit: $382,740 Remuneration / Body Corp Salary: $83,974

Managers Unit

Value of Managers Apartment: $830,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On Title

Complex Information

Complex Type: n/aTotal Units in Complex: 42Total Units in Letting Pool: 36Owner Occupy Units: 2Lockup Units: 3Agreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesSpa: YesPay TV: Yes

Marketing Agent

Barry Davies

0438 55....

Barry Davies

0438 55....

Resort Management Sales

Key Investment Insights

AI generated. Confirm details with the seller.

- Stunning ocean views from every apartment, making it a highly desirable holiday destination.

- Spacious and well-maintained manager's unit with 3 bedrooms and 2 bathrooms.

- Long agreements with 24 years remaining, providing stability and security for the business.

- Strong net profit of $382,740, with potential for further growth.

- Supportive committee, making it easier to manage the complex.

- Easy care grounds, reducing maintenance costs and time.

- On-site facilities including a pool, spa, and pay TV, adding value to the complex.

- Excellent potential to increase the net income through various strategies such as increasing occupancy rates and implementing additional services.

- Located in a highly sought-after area on the Sunshine Coast, with a strong tourism market.

- Manager's office and back office are spacious and well-equipped, making it easier to manage the complex.

- Manager's apartment is valued at $830,000, providing an additional source of income for the manager.

- Opportunity to live and work in a stunning beachfront location, with a relaxed and laid-back lifestyle.

- Limited competition in the area, providing a strong market for the complex.

- Strong financial performance and long-term agreements make this an attractive investment opportunity for buyers.

- Potential for future capital growth in the property market on the Sunshine Coast.

- Highly experienced and supportive staff, making it easier for the new owner to transition into the business.

- Proximity to popular tourist attractions and amenities, making it a desirable location for holidaymakers.

- Strong online presence and positive reviews, attracting a steady stream of bookings and repeat customers.

- Opportunity to add value to the complex through renovations and upgrades, increasing its appeal to potential guests.

- Well-established and reputable business, with a loyal customer base and strong brand recognition.

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Management Rights Multiplier: 5.50
ROI Estimate: 13.04%