Trinity Beach, Queensland
Excellent Buying at Trinity Beach, Net $113,975 - ID 9034
Under Contract / Offer
Business Description
UNDER CONTRACT
Flexible Hours, Strong Income & 3-Bedroom Villa Included
- Secure 3.5 star complex consisting of 40 x 1 bedroom & studio aparments
- 12 in the letting pool, 9 holiday and 3 permanent
- Well maintained gardens, resort pool and BBQ area
- Office on title to service guests
- Hours are flexible, manager required to be contacted during contracted caretaking hours
- Body Corporate salary of $63,912 inclusive of GST
- Located in the heart of Trinity Beach, stroll to restaurants, cars and shoppin
- 3 bedroom, 1 bathroom manager's villa with great alfresco area
This management rights business presents extremely well and is regarded one of the excellent accommodation options in the Trinity Beach area. Selling on a multiple of 1.1, this represents an excellent buying opportunity.
Net Profit: $113,975
Asking Price: $550,000
(Inclusive of manager's real estate)
For further information or to arrange an inspection of this North Queensland Management Rights business for sale contact:
Management Rights Broker
Antonio Curulli
Property Code: 877
Business Summary
Key Investment Insights
- 40 x 1 bedroom and studio apartments in a secure 3.5 star complex
- 12 apartments in the letting pool, with 9 holiday and 3 permanent rentals
- Well-maintained gardens, resort pool, and BBQ area
- Office on title for guest services
- Flexible working hours, with manager only required to be available during contracted caretaking hours
- Body Corporate salary of $63,912 inclusive of GST
- Located in the heart of Trinity Beach, within walking distance to restaurants, shops, and the beach
- 3 bedroom, 1 bathroom manager's villa with a great alfresco area
- Multiple of 1.1, representing an excellent buying opportunity
- Net profit of $113,975
- Asking price of $550,000, inclusive of manager's real estate.
