Mooloolaba, Queensland

Thriving Mooloolaba Management Rights with $355K+ Net Profit | Resort Brokers ID : MR008608

$2,290,000

Business Description

ResortBrokers is pleased to present a premier management rights business in the heart of Mooloolaba. This high-performing holiday accommodation operation features 30 apartments, with 25 units in the letting pool, ensuring a steady income stream. The business is further supported by 25 years remaining on the accommodation module agreement, offering long-term stability and security. The manager's residence is a recently renovated two-bedroom apartment, affordably priced to enhance the overall value proposition of the business-to-real estate ratio. Ideally positioned just moments from Mooloolaba Beach, shopping, and dining, this opportunity delivers strong returns, significant growth potential, and is backed by a strong ROI and streamlined operations.

- Trophy asset in prime Mooloolaba location, steps from beach, retail, and dining
- High-performing business with a solid trading history and strong financials
- Stable income with attractive Body Corporate salary
- Recently topped up agreement with 25-years remaining
- Net profit allocates staffing allowance for flexibility
- Exceptional 15.5% ROI, offering strong yield and strong financial performance
- Strong letting pool ratio with 25 out of 30 apartments in the letting pool
- Includes fully renovated two-bedroom, two-bathroom manager's unit
- Consistently high occupancy from leisure and corporate markets
- Efficient operations ideal for hands-on operator
- Inspections are by appointment only

Date updated: 18 Feb 2025 22:00:02

Business Summary

Business Snapshot

Price: $2,290,000 Net Profit: $355,793 Remuneration / Body Corp Salary: $52,913

Managers Unit

Value of Managers Apartment: $800,000Bedrooms: 2Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 30Total Units in Letting Pool: 25Owner Occupy Units: 2Outside Agent Units: 1Lockup Units: 1Agreement Term Remaining: 25 years
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