Rosslyn, Queensland
Exclusive - Waterfront Management Rights with $526K Net Profit - ID 9199
$2,400,000
Business Description
Strong Returns, Long Agreements, and Unbeatable Island Views
Holiday Management Rights for Sale
- Fabulous Waterfront Position overlooking Great Keppel Island and the Southern Great Barrier Reef
- Financial performance is exceptional with net profit $526,092 from this very well-established holiday Management Rights business
- Long 25-year agreements with 20 years remaining
- Body Corporate Salary $113,720 (incl. GST)
- Resort facilities include lagoon pool with bar, garden area for weddings and functions plus paddleboard and bike hire
- Total Units in the complex 56 with onsite letting comprising 42 holiday rentals plus one permanent rental making a total of 43 in the pool. Only 5 resident owners with balance 8 separate commercial businesses including licensed Restaurant, conference facilities, beauty spa and yoga centre which are attractive options for visitors.
- Great Keppel Island improvements currently being undertaken include installation of new de salination and sewerage plants plus construction of a new visitor centre which will greatly enhance visitor experiences.
- Rosslyn Bay Harbour is the gateway to the spectacular Keppel Islands and the Resort is only a short walk to the major ferry terminal servicing the islands.
- Attractive reception area including separate office is adjacent to the Managers 3-bedroom residence which also offers private outdoor courtyard plus upstairs balcony with great ocean views.
- Yeppoon is a classic beach town experiencing major growth and a very good selection of Tourist attractions including new restaurants, bars and cafes.
In summary Rosslyn Bay Resort is very a robust business with a strong reputation in a fabulous waterfront location and a very attractive option for prospective purchasers.
The total offering includes the Managers Real Estate at $650,000, with business priced at $1,750,000 bringing the total price to $2,400,000.
Net Profit: $526,092
Asking Price: $ 2,400,000
For further information or to arrange an inspection of this business opportunity contact:
Exclusive Management Rights Broker
Peter Ward
Property Code: 1015
Business Summary
Key Investment Insights
1. Strong financial performance with a net profit of $526,092.
2. Long 25-year agreements with 20 years remaining.
3. Body corporate salary of $113,720 (incl. GST).
4. Resort facilities include lagoon pool, bar, garden area, and paddleboard and bike hire.
5. Total of 56 units in the complex, with 43 in the letting pool.
6. Only 5 resident owners with 8 separate commercial businesses on site.
7. Great Keppel Island improvements underway, including new de salination and sewerage plants and a new visitor centre.
8. Located in Rosslyn Bay Harbour, the gateway to the Keppel Islands.
9. Attractive reception area and 3-bedroom manager's residence with ocean views.
10. Yeppoon is a growing beach town with a variety of tourist attractions.