Redcliffe, Queensland

Rare Redcliffe Management Rights Opportunity - Prime Holiday Beachfront Location

Under Contract / Offer

Business Description

This is a rare opportunity to secure a thriving holiday management rights business in a modern, low-maintenance beachfront building in Redcliffe.

Generating an impressive net profit of $363,531, which includes a body corporate salary of $66,758 + GST. The business is supported by 19 high-return holiday rentals and one permanent let.

Key Highlights:

* No Set Office Hours
* 20 years remaining on the agreements
* 15k Allocated for additional reception wage
* Resort Facilities including Heated Outdoor Pool, Gym, BBQ Area and Secure Parking
* Walking distance to an array of cafes, restaurants, supermarket and beachfront markets
* Letting Pool 20

The manager’s residence is a true highlight – a fully airconditioned, spacious and stylish three-bedroom, two-bathroom apartment featuring two car spaces and two private courtyards. Offering flexibility, the unit can be configured as a two-bedroom, one-bathroom manager’s residence with a separate self-contained one-bedroom, one-bathroom studio that can be added to the holiday letting pool to further boost income.

Set in a prime beachfront position, the property combines first-class lifestyle with strong, reliable returns with revenue growth month on month and year on year.

Call Craig today to discuss this fantastic lifestyle opportunity.

Net Profit: $363,531

Property Code: 97

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $363,531 Remuneration / Body Corp Salary: $66,758Business Value: $1,510,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $940,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: Exclusive UsePets OK: Yes

Complex Information

Complex Type: HolidayTotal Units in Complex: 40Total Units in Letting Pool: 19Owner Occupy Units: 18Outside Agent Units: 2Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesGym: YesBBQ Area: Yes

Marketing Agent

Craig Johnson

1300 9....

Hotel Resort Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Net profit of $363,531, including a body corporate salary of $66,758 plus GST.
2. Established holiday management rights business with 20 years remaining on 25 year agreements.
3. Supported by 19 holiday rentals and one permanent let within a 40 unit complex.
4. Modern, low maintenance beachfront building in Redcliffe with direct lifestyle appeal.
5. Manager’s residence offers three bedrooms, two bathrooms, air conditioning, two car spaces and two private courtyards.
6. Residence can be configured with a self contained one bedroom studio for potential inclusion in the holiday letting pool.
7. Resort facilities include a heated outdoor pool, gym, BBQ area and secure parking.
8. Walking distance to cafes, restaurants, a supermarket and beachfront markets.
9. No set office hours, with $15,000 allocated for additional reception wages.
10. Exclusive use office, pets permitted and CPI annual review of the body corporate salary.
11. Month on month and year on year revenue growth is reported in the listing.

Management Rights Multiplier: 4.15
ROI Estimate: 14.84%