Mooloolaba, Queensland

Business For Sale - Motel Style Management Rights - ID 8961 BL

$1,395,000

Property Description

- Destination Number One!
- 20 units in the holiday letting pool
- All one bedroom, ideal for single night stays
- 20 years remaining on Accommodation Module agreement
- Prominent location attracts passing trade
- Facilities include pool, spa, BBQ areas and Foxtel
- Fully equipped office, attached and on title
- Beautifully presented two bedroom, one bathroom manager's residence
- A pet is permitted with Body Corporate approval
- Current manager's retiring

Net Profit: $220,098
Asking Price: $1,395,000
(Inclusive of managers real estate)

For further information or to arrange an inspection on this Sunshine Coast management rights business for sale contact:

Management Rights Brokers
Lyn Pearsall & Amanda Rowe

Property Summary

Business Snapshot

Price: $1,395,000 Net Profit: $220,098 Remuneration / Body Corp Salary: $45,888Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $470,000Bedrooms: 2Bathrooms: 1Pets OK: Yes
Beautifully presented residence, 2 bedrooms, 1 bathroom, Tiled living areas and carpeted bedrooms, Balcony overlooks the pool area, Pet permitted with Body Corporate approval

Complex Information

Complex Type: HolidayTotal Units in Complex: 30Total Units in Letting Pool: 20Holiday Units: 20Owner Occupy Units: 3Outside Agent Units: 6Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesBBQ Area: YesPay TV: YesWIFI: Yes
Marketing Agent
Listing location
Gallery

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