Mooloolaba, Queensland

Top ROI Business Within Tranquil Sanctuary in the Heart of Mooloolaba

$2,150,000

Business Description

This stunning business is located in a beautiful spot on the Mooloolaba riverfront, just a short walk to the centre of the Sunshine Coast.

This management rights business comprises two buildings - side by side, which are streamlined in operation for the ideal tropical lifestyle.

It is a charming riverfront double complex where guest's facilities also include a barbecue area and two pools, Wi-fi and pay TV, plus undercover parking,

The manager's residence is an expansive three -bedroom, two- bathroom apartment, steps across from the beautiful Mooloolaba river. It has an adjoining office on title and huge outdoor garden and terrace with views to the river.

A good body corporate salary, and room for growth, with no outside agents, make this business a must see. ROI on the business is 29.6%. Inspection is strongly recommended.

Call Alex Barker-Re today.

Business Summary

Business Snapshot

Price: $2,150,000 Net Profit: $326,000 Remuneration / Body Corp Salary: $102,205Business Value: $1,100,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,050,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

Three -bedroom, two- bathroom apartment, with an adjoining office on title and huge outdoor garden and terrace with views to the river.

Complex Information

Complex Type: HolidayTotal Units in Complex: 42Total Units in Letting Pool: 24Owner Occupy Units: 16Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 17 yearsPool: YesBBQ Area: YesPay TV: YesWIFI: Yes

Marketing Agent

Alex Barker-Ré

0414 83....

Calvin Bailey Management Rights

Key Investment Insights

AI generated. Confirm details with the seller.

1. Reported 29.6% return on investment, with net profit of $326,000 and a body corporate salary of $102,205.
2. Riverfront Mooloolaba location offers a tranquil setting within walking distance of the Sunshine Coast centre.
3. Two adjoining buildings are streamlined in operation, supporting efficient management across the double complex.
4. Manager’s residence includes three bedrooms, two bathrooms, an adjoining office, garden, terrace and river views.
5. Guest facilities include two pools, barbecue area, Wi Fi, pay television and undercover parking.
6. The complex contains 42 units, including 24 in the letting pool and 16 owner occupied units.
7. The accommodation agreement has 17 years remaining from its 25 year term.
8. No outside agents are involved, supporting direct operational control for the manager.
9. The business includes an on title office and one car space, alongside the manager’s apartment.
10. Pets are permitted, adding flexibility for occupants and potentially appealing to pet owning guests.

Management Rights Multiplier: 3.37
ROI Estimate: 15.16%