Tugun, Queensland

Absolute Beachfront Management Rights Opportunity in Tugun

$850k MR & $975k Unit = Total $1.825M

Business Description

Seize this rare opportunity to own a management rights business with direct access from the manager's apartment straight to the beach in the heart of Tugun. After a long and successful tenure, the current owners are ready to retire, offering you the chance to take over a well-established business with a strong client base of repeat guests and solid future bookings.

All apartments have been beautifully renovated, and the property enjoys excellent relationships with both the unit owners and the Body Corporate. With 23 years remaining on the Accommodation Module, this is a fantastic chance to live and work in a prime beachfront location while earning over $202k in net profit annually.

The manager's unit has also been tastefully renovated and features a wonderful outdoor area, perfect for relaxation. The building offers an ideal balance of work and lifestyle, making it a must-see for anyone looking to invest in beachfront management rights.

• Net Profit: $202,000
• Business Price: $850,000 @ 4.2x
• Unit Price: $975,000
• Total Price: $1.825M
• Remaining on Accommodation Module: 23 years

Inspect today! Contact Kerrie Lush at ---------- or ---------- .

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary

Business Snapshot

Price: $850k MR & $975k Unit = Total $1.825M Net Profit: $202,676 Remuneration / Body Corp Salary: $78,000

Managers Unit

Value of Managers Apartment: $975,000Bedrooms: 2Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 35Total Units in Letting Pool: 18Owner Occupy Units: 14Lockup Units: 3Agreement Term: 25 yearsAgreement Term Remaining: 23 years

Marketing Agent

Kerrie Lush

0416 08....

Paul Mueller

0439 25....

Ras360

Key Investment Insights

Key Insights:

1. Rare opportunity to own a management rights business with direct beach access in Tugun.
2. Well-established business with strong client base of repeat guests and solid future bookings.
3. All apartments have been beautifully renovated and the property has excellent relationships with unit owners and Body Corporate.
4. Net profit of $202,000 annually.
5. Business price of $850,000 at 4.2x multiple.
6. Unit price of $975,000.
7. Total price of $1.825M.
8. 23 years remaining on Accommodation Module.
9. Manager's unit has been tastefully renovated and features a relaxing outdoor area.
10. Ideal balance of work and lifestyle in prime beachfront location.
11. Contact Kerrie Lush for inspection.
12. Specialists in Management Rights, Motels, Hotels, Pubs, and Parks.
13. Business snapshot includes net profit, price, and remuneration/body corp salary.
14. Manager's unit has a value of $975,000 and features 2 bedrooms, 2 bathrooms, and 2 car spaces.
15. Complex is a resort/holiday type with 35 total units and 18 units in the letting pool.
16. 14 owner-occupied units and 3 lockup units.
17. Agreement term is 25 years with 23 years remaining.

Management Rights Multiplier: 4.19
ROI Estimate: 23.84%