Port Douglas, Queensland
MLR Resort Business 30%+ Return
Under Contract / Offer
Business Description
Are you ready to live the dream of running a successful business while basking in the tropical sun of one of the most popular holiday destinations in Australia? This opportunity is perfect for anyone looking for a business that offers multiple secure streams of income, not just rental and a further $370,000 plus in Body Corporate salary.
The Management Rights of this established resort property in Port Douglas is an absolute gem that is ready to be taken to new heights. With top-class resort facilities and a wide range of accommodation options, you'll be able to cater to the needs of tourists from all over the world. And the best part is, you'll be able to do it all on your own terms, with no set office hours and no residential obligation to live on site or purchase real estate, unless you wish to do so.
This business is already generating up to an impressive $850,000 return in the last two years, and there is still enormous potential for growth. With over 40% of investors in the complex and only 20% currently in the manager's pool, there is plenty of room to expand your business and increase your profits. And if you need additional capital to make that happen, the vendor is willing to discuss a silent investment of up to $1.0m with the right buyer, as family issues are forcing the sale.
Location is key in the tourism industry, and this property is located in one of the most desirable destinations - being Port Douglas. Just a short stroll from the iconic Four Mile Beach, your guests will be able to soak up the sun and enjoy all that this idyllic destination has to offer. With over nineteen years left to run on agreements, you can be confident that your investment is secure and that your business will continue to thrive.
Don't let this once-in-a-lifetime opportunity pass you by. Take control of your future and become the proud owner of this thriving business in paradise. Expressions of Interest are invited.
Confidentiality conditions apply, so contact Calvin today to discover how you can turn your dreams into reality.
Call exclusive agent Calvin Bailey for full property details.
Business Summary
Business Snapshot
Price: Under Contract / Offer
Net Profit: $755,000 Remuneration / Body Corp Salary: $370,000Body corp salary review: CPI Annually
Complex Information
Complex Type: HolidayAgreement Term: 20 yearsAgreement Term Remaining: 19 yearsPool: YesSpa: YesGym: YesGames Room: YesBBQ Area: YesPay TV: YesWIFI: Yes
Key Investment Insights
1. Multiple streams of income: The business offers not just rental income, but also a Body Corporate salary, providing the potential for a 30%+ return.
2. Prime location: The property is located in Port Douglas, one of the most desirable holiday destinations in Australia, with close proximity to the iconic Four Mile Beach.
3. Potential for growth: With only 20% of investors currently in the manager's pool, there is room for expansion and increased profits.
4. Long-term agreements: With 19 years remaining on the agreements, the business offers secure long-term investment potential.
5. Top-class facilities: The resort offers top-class facilities including a pool, spa, gym, games room, BBQ area, pay TV, and WIFI, making it attractive to a wide range of tourists.
6. No set office hours: The business allows for flexibility, with no set office hours and no residential obligation to live on site or purchase real estate.
7. Silent investment opportunity: The vendor is willing to discuss a silent investment of up to $1.0m with the right buyer, providing additional capital for growth.
8. Confidentiality: Confidentiality conditions apply, ensuring the privacy and security of the business.
9. Experienced agent: The business is being sold by an experienced and exclusive agent, providing assurance and support throughout the buying process.
10. Lifestyle opportunity: Running a successful business in a tropical paradise offers the opportunity for a desirable lifestyle change.
