Mooloolaba, Queensland
Business Only in Prime Mooloolaba Location
$465,000
Business Description
Business only opportunity with a prime coastal location and plenty of flexibility. There’s no manager’s unit to buy, and you’ve got 24 years left on the agreements. Just a short walk from the beach and wharf, this MLR is easy to run and perfect for one person with no office hours to worry about.
The business is already running smoothly with repeat guests who love the location. Close to everything, with minimal hassle. Whether you’re adding to your portfolio or just starting out, this is a smart move.
With tourism booming, you’re in a great spot to ride that wave of demand. If you’re after a business that offers a solid return, a great location, and minimal fuss, this could be it.
Business Summary
Business Snapshot
Price: $465,000
Net Profit: $133,082 Remuneration / Body Corp Salary: $50,663
Complex Information
Complex Type: HolidayTotal Units in Complex: 18Total Units in Letting Pool: 8Owner Occupy Units: 6Outside Agent Units: 1Lockup Units: 2Agreement Term: 25 yearsAgreement Term Remaining: 24 years
Key Investment Insights
1. Asking price $465,000 with reported net profit $133,082, implying a net return of approximately 28.6% on purchase price.
2. Business-only sale, no manager’s unit to buy, reducing upfront capital required.
3. Agreement term originally 25 years with 24 years remaining, providing long-term contracted income visibility.
4. Prime coastal Mooloolaba location, a short walk to the beach and wharf, increasing appeal to holidaymakers.
5. Positioned to benefit from a booming tourism market, supporting demand growth and occupancy.
6. Operates smoothly with repeat guests, indicating customer loyalty and stable revenue streams.
7. Easy to run and suited to a single operator, with no office hours required, lowering labour costs.
8. Owner remuneration / body corporate salary reported at $50,663, showing defined owner cash benefit separate to net profit.
9. Holiday complex of 18 total units, with 8 units in the letting pool, suggesting scale and pool-based marketing advantages.
10. Complex composition includes 6 owner-occupy units, 1 outside agent unit, and 2 lockup units, reflecting a mixed ownership structure and potential operational dynamics.
