Trinity Beach, Queensland
Neat As A Pin - Trinity Beach Managment Rights - ID 9034
$550,000
Business Description
North Queensland Management Rights For Sale
20 Years Remaining on Agreement - Low Mulitple
- 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
- 3.5 star complex with a secure 20 year agreement remaining
- Consists of 40 x 1 bedroom and studio apartments
- 12 apartments in the letting pool, 9 holiday and 3 permanent
- Well-maintained gardens, resort pool, and BBQ area
- Office on title to service guests
- Flexible working hours with manager only required to be contacted during contracted caretaking hours
- Body Corporate salary of $63,912 inclusive of GST
- Located in the heart of Trinity Beach with easy access to restaurants, cafes, and shopping
- Manager's villa includes 3 bedrooms, 1 bathroom, and a great alfresco area
- Selling on a low multiple of 1.1, making it an excellent buying opportunity
- Net profit of $113,975
- Asking price of $550,000 (inclusive of manager's real estate)
