Port Douglas, Queensland
MLR Resort Business 30%+ Return
Expressions of Interest Circa $2.5m
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: Expressions of Interest Circa $2.5m
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 secure income: The business offers not just rental income, but also a Body Corporate salary of $370,000 plus.
2. Strong financial performance: The business has generated up to an impressive $850,000 return in the last two years.
3. Potential for growth: With only 20% of investors currently in the manager's pool, there is room for expansion and increased profits.
4. Location: The property is located in one of the most desirable destinations for tourism - Port Douglas.
5. Long-term agreements: With over 19 years left to run on agreements, the investment is secure and the business is likely to continue thriving.
6. No set office hours or residential obligation: The business can be run on your own terms, without the requirement to live on site or purchase real estate.
7. Opportunity for silent investment: The vendor is willing to discuss a silent investment of up to $1.0m with the right buyer.
8. Top-class resort facilities: The property offers a range of top-class facilities such as a pool, spa, gym, games room, BBQ area, pay TV, and WIFI.
9. Confidentiality: Interested buyers must adhere to confidentiality conditions to learn more about the business.
10. Expressions of Interest invited: The business is seeking interested buyers to make an offer.
