Tin Can Bay, Queensland

Resort Management Rights on Norman Point, Views of the Bay and Great Sandy National Park - 1P5202MR

Management Rights $849,000

Property Description

EXCLUSIVE TO CRE BROKERS this Bayside Resort Management Rights provides the perfect work/life pace. Easily run by one person. The business provides choice - live and work on site or commute and rent out the apartment.

Business benefits:

. Bayside living, holiday and tourist location
. Guaranteed Body Corporate Salary
. Absolute security with salary > 0% of Net Profit
. Workload is light and easy

Your Guests enjoy access to:

. National Parks and World Heritage listed sites
. Dolphin feeding and whale watching
. Fishing, boating and sailing
. The best locally grown and caught seafood
. Adventure tours

A great opportunity for any stage of life.

TOTAL NUMBER OF UNITS : 11
UNITS IN LETTING POOL: 10
NET PROFIT : $106,600

MANAGER'S RESIDENCE : Two bedroom, two bathroom, not required to reside on site. Earn additional income from letting.

REAL ESTATE PRICE : $450,000
BUSINESS PRICE : $399,000
TOTAL ASKING PRICE : $849,000

Property Summary

Business Snapshot

Price: Management Rights $849,000 Net Profit: $106,600 Remuneration / Body Corp Salary: $20,729Body corp salary review: Other

Managers Unit

Value of Managers Apartment: $450,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: No

Complex Information

Complex Type: HolidayTotal Units in Complex: 11Total Units in Letting Pool: 10Holiday Units: 10Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 17 yearsPool: Yes

Other Features / Notes

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