Trinity Beach, Queensland

Excellent business opportunity at a superb price

$1,350,000

Business Description

Four star holiday property 200 m to lovely Trinity Beach.
Provides a good mix of accommodation with one bedroom apartments and two bedroom mezzanine apartments catering for up to 5 people.
Great managers apartment suitable for a family.
Excellent office /reception areas providing a very welcoming entry for all guests.
Overall a very good property with an excellent business.
Absolute top salary and new agreements.
The managers apartment has great living space and options.
Excellent opportunity to purchase at this multiplier

Contact Calvin for further information and to arrange a property inspection.

Business Summary

Business Snapshot

Price: $1,350,000 Net Profit: $316,325 Remuneration / Body Corp Salary: $95,806Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $525,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

Lots 1 & 2 - Two adjoining rooms comprising a spacious 3 bedroom, 2 bathroom Apartment, Large patio area, Perfect family living. Large office on title. Amenities include Swimming pool, Heated Spa, Covered BBQ Cabana, Undercover parking, Tour desk.

Complex Information

Complex Type: HolidayStar Rating: 4Total Units in Complex: 35Total Units in Letting Pool: 24Owner Occupy Units: 7Outside Agent Units: 1Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesSpa: YesBBQ Area: YesWIFI: Yes

Marketing Agent

Calvin Bailey

Calvin Bailey Management Rights

Key Investment Insights

1. Four star holiday property located only 200m from Trinity Beach, providing a highly desirable location for guests.
2. Offers a good mix of accommodation with one and two bedroom apartments, catering for up to 5 people, making it suitable for a wide range of guests.
3. Includes a spacious managers apartment with 3 bedrooms, 2 bathrooms, and a large office on title, providing a comfortable living space for a family.
4. Excellent office and reception areas, creating a welcoming entry for all guests.
5. Overall, a well-maintained and attractive property with a strong business.
6. Offers a top salary and new agreements, providing a secure and lucrative opportunity for the new owner.
7. The managers apartment offers great living space and options for the new owner.
8. Excellent opportunity to purchase at a low multiplier, making it a great value for the price.
9. Contact Calvin for further information and to arrange a property inspection, allowing potential buyers to gather all necessary information and see the property in person.

Management Rights Multiplier: 2.61
ROI Estimate: 38.34%