Rainbow Beach, Queensland

Gangbuster Resort Business with a Commanding Ocean Outlook - 1P5199MR

Don't Hesitate - Make an Offer!

Property Description

Make an offer today! Highly motivated owners are committed to securing a sale. This profitable Management Rights business and residence is the idyll of the Cooloola Coast.

On offer to the next business owner is:

. Body Corporate Salary security;
. Programmed easily operationalised caretaking duties;
. Luxury 3 bedroom, two bathroom residence;
. Tourist drawn to World Heritage listed Natural Attractions;

The region offers the spectrum of activities - peaceful to action-packed:

. Rest and relaxation, surfing beaches, walking and 4X4 trails;
. Beach fishing, Deep Sea Charter fishing;
. Rainbow Beach and Fraser Island tours, Whale watching;
. Dolphin and turtle kayaking tours.

TOTAL NUMBER OF UNITS : 15
UNITS IN LETTING POOL : 11
NET PROFIT : $177 000
BUSINESS PRICE MULTIPLIER 4.088

MANAGER'S RESIDENCE : Luxury 3 bedroom, 2 bathroom, secure parking
REAL ESTATE PRICE : $695,000

Don't hesitate. Make an offer!

Property Summary

Business Snapshot

Price: Don't Hesitate - Make an Offer! Net Profit: $177,000 Remuneration / Body Corp Salary: $32,729Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $695,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: Exclusive UsePets OK: Yes

Complex Information

Complex Type: HolidayTotal Units in Complex: 15Total Units in Letting Pool: 11Holiday Units: 11Owner Occupy Units: 1Lockup Units: 3Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesBBQ Area: Yes

Other Features / Notes

A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS, C:QLD - Fraser Coast
Marketing Agent
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