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

0423 12....

Lyn Pearsall

0479 12....

1 Agency

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.