Mooloolaba, Queensland

FOUR COMPLEXES LOCATED IN SOUGHT AFTER MOOLOOLABA/ALEXANDRA HEADLAND!!

$753,000

Business Description

An extraordinary opportunity beckons with the acquisition of management rights for four complexes, strategically located in the highly sought-after rental hub of Mooloolaba/Alexandra Headland on the Sunshine Coast. This gem promises lucrative returns for a discerning manager with minimal hours required. Features a caretaking-only role for the complexes with no set hours, no obligation to reside on-site, or invest in any additional real estate. These contemporary buildings offer a consolidated Body Corporate (BC) salary of $169,219 across all four schemes, ensuring a lucrative income.

Business Summary

Business Snapshot

Price: $753,000 Net Profit: $164,571 Remuneration / Body Corp Salary: $169,219

Managers Unit

N/A

Complex Information

Complex Type: HolidayTotal Units in Complex: 116Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesSpa: YesSauna: YesGym: YesBBQ Area: Yes
Marketing Agent
Mark McKay
Mark McKay

Lyn Pearsall
Lyn Pearsall

Key Investment Insights

1. The business for sale includes management rights for four complexes in the popular rental hub of Mooloolaba/Alexandra Headland on the Sunshine Coast.
2. The role requires minimal hours and does not require the manager to reside on-site or invest in additional real estate.
3. The consolidated Body Corporate (BC) salary for all four schemes is $169,219, ensuring a lucrative income for the manager.
4. The asking price for the business is $753,000.
5. The net profit for the business is $164,571.
6. The business operates under an Accommodation agreement module with a term of 25 years, with 21 years remaining.
7. The total number of units in the four complexes is 116.
8. The complexes offer amenities such as a pool, spa, sauna, gym, and BBQ area.
Listing location
Gallery

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