Mooloolaba, Queensland

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

$1,395,000

Property Description

- Destination Number One!
- 21 units in the holiday letting pool
- All one bedroom, ideal for single night stays
- 21 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: $211,000
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: $211,000 Remuneration / Body Corp Salary: $45,888Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $410,000Bedrooms: 2Bathrooms: 1Pets OK: Yes
The manager’s residence is a beautifully presented two bedroom, one bathroom apartment. Tiled living areas and carpeted bedrooms. The balcony overlooks the pool area. A pet is permitted with Body Corporate approval.

Complex Information

Complex Type: HolidayTotal Units in Complex: 30Total Units in Letting Pool: 21Holiday Units: 21Owner Occupy Units: 5Outside Agent Units: 3Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesSpa: YesBBQ Area: YesPay TV: YesWIFI: Yes
Marketing Agent
MR Sales
MR Sales

MR Sales

Listing location
Gallery

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