Trinity Beach, Queensland

Beachfront Lifestyle & Income – Holiday Management Rights, Trinity Beach – ID 9148

$2,275,000

Business Description

Holiday Management Rights for Sale

- 28 of the 40 units are in the holiday pool

- Full term 25 year agreement in place expiring 2049

- Gross revenue more than $850,000 PA

- Annual net profit more than $460,000 PA

- With ratings of 9.6 on Booking.com and Ranking among the top 10% of listings on Travelers Choice - Tripadvisor in the world

- Rights consist of 2 properties with common boundary and run as one business

- Combination of one, two and three-bedroom apartments to cater to a wide market of guests and guest experiences

- Spacious ground floor two-bedroom managers apartment, flowing out into a manicured lawn and garden bed with sea glimpses

This property can provide a buyer with an owner operated business or an under management solution, with excellent returns under either approach.

Net Profit: $468,823
Asking Price: $2,275,000
(Real Estate - $620,000 and Rights - $1,655,000)

For further information or to arrange an inspection of this North Queensland Management Rights business opportunity contact:

Management Rights Broker
Antonio Curulli

Property Code: 854

Business Summary

Business Snapshot

Price: $2,275,000 Net Profit: $468,823 Remuneration / Body Corp Salary: $99,640

Managers Unit

Value of Managers Apartment: $620,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: Exclusive UsePets OK: Yes

Complex Information

Complex Type: HolidayTotal Units in Complex: 40Total Units in Letting Pool: 28Owner Occupy Units: 7Outside Agent Units: 3Lockup Units: 1Manager Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesSpa: YesGames Room: YesBBQ Area: YesPay TV: YesWIFI: Yes

Marketing Agent

Antonio Curulli

MR Sales

Key Investment Insights

1. Long secure agreement, 25 year management term in place expiring 2049, approximately 24 years remaining.
2. High revenue profile, gross revenue more than $850,000 per annum.
3. Strong profitability, annual net profit $468,823.
4. Clear pricing split, asking price $2,275,000 comprising $620,000 for real estate and $1,655,000 for management rights.
5. High online reputation, Booking.com rating 9.6 and ranked among the top 10% of listings globally on Tripadvisor Travelers Choice.
6. Scale and yield potential, 28 of 40 units in the holiday letting pool.
7. Operational flexibility, can be owner operated or run under external management with excellent returns either way.
8. Two adjoining properties operate as one business, offering operational integration and potential efficiencies.
9. Diverse accommodation mix, one, two and three bedroom apartments to cater to varied guest segments.
10. Valuable manager residence, spacious ground floor two bedroom managers apartment valued at $620,000 with exclusive office, manicured lawn, garden beds and sea glimpses.
11. Strong on-site amenities supporting guest experience, pool, spa, games room, BBQ area, pay TV and WiFi.
12. Prime beachfront lifestyle location, Trinity Beach North Queensland, enhancing demand for holiday stays.

Management Rights Multiplier: 3.53
ROI Estimate: 28.33%