Mudjimba, Queensland

Thrilling Opportunity Permanent Management Rights in Mudjimba

$1,066,500 MR + Unit $632,500K = $1,699M

Business Description

Are you searching for a lucrative opportunity that seamlessly blends a rewarding career with an enviable lifestyle? Your search ends here! This exceptional resort is tailor-made for individuals looking to secure a substantial Body Corporate salary while soaking in the charm of coastal living.

Nestled within a beautifully designed and meticulously maintained resort, complete with security gates at the entrance, this complex is truly a hidden gem. It features outstanding facilities that cater to the diverse needs of all residents and guests, ensuring a delightful experience throughout their stay. Just a short drive away, you’ll discover the irresistible allure of a patrolled surf beach, inviting you to enjoy fun-filled days under the sun, beach activities, and relaxing strolls along the shore.

This opportunity presents not only a fantastic financial aspect but also incredible flexibility for managers. With brand new agreements in place, there is no requirement to live onsite, allowing you to maintain your personal lifestyle while effectively managing the resort. Plus, the manager's unit is currently rented for $550 per week, providing immediate income and financial stability as you embark on this exciting journey. Fantastic ROI 14%.

Imagine being surrounded by the beauty of Mudjimba every day while building a thriving business in an environment that is both rewarding and picturesque. Don’t let this chance slip away! Embrace the vibrant lifestyle and the tremendous potential that comes with managing this incredible resort, and take the first step toward a fulfilling career that many dream of. Dive in now and make your mark in this outstanding opportunity!

**Ras360 – Specialists in Motels | Hotels | Pubs | Parks | Management Rights **

Business Summary

Business Snapshot

Price: $1,066,500 MR + Unit $632,500K = $1,699M Net Profit: $237,095 Remuneration / Body Corp Salary: $202,166

Managers Unit

Value of Managers Apartment: $632,500Bedrooms: 2Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 123Total Units in Letting Pool: 26Owner Occupy Units: 82Outside Agent Units: 15Agreement Term: 25 yearsAgreement Term Remaining: 24 years

Marketing Agent

Geoff Hatchman

0427 93....

Ras360

Key Investment Insights

1. The business for sale is a permanent management rights opportunity in Mudjimba.
2. The resort is located in a beautifully designed and well-maintained complex with security gates.
3. The resort offers outstanding facilities for residents and guests, including a patrolled surf beach.
4. The manager's unit is currently rented for $550 per week, providing immediate income and financial stability.
5. The business offers a fantastic ROI of 14%.
6. The new agreements in place allow for flexibility, as there is no requirement to live onsite.
7. The manager's unit has a value of $632,500 and features 2 bedrooms, 2 bathrooms, and 2 car spaces.
8. The complex is permanent and has a total of 123 units, with 26 units in the letting pool.
9. The remaining term of the agreement is 24 years out of a total of 25 years.
10. The business is being sold for $1,066,500 MR + Unit $632,500K = $1,699M.

Management Rights Multiplier: 4.50
ROI Estimate: 22.23%