Key Investment Insights
Key Insights:
1. High net profit of $326,547 and impressive 14.88% ROI make this management rights business a lucrative investment opportunity.
2. Located in Bribie Island, a sought-after coastal destination known for its relaxed lifestyle and steady tourism demand.
3. The business is priced at $1,470,000 with a 4.5x multiplier, and the real estate is priced at $725,000, bringing the total price to $2,195,000.
4. The spacious three-bedroom ground-floor residence features a renovated ensuite, private courtyard, and modern updates, making it a comfortable and stylish living space.
5. Extensive renovations have been undertaken in the past three years, ensuring a low-maintenance and modern design.
6. The complex has 22 years remaining on the Accommodation Module agreements, providing long-term stability for the business.
7. Immaculately presented complex with resort-style facilities that appeal to both leisure and golf markets.
8. The business offers a perfect mix of profit, security, and lifestyle, making it a desirable opportunity for investors.
9. The managers unit is valued at $725,000 and features 3 bedrooms, 2 bathrooms, and 1 car space.
10. The complex has a total of 50 units, with 18 units in the letting pool and 29 owner-occupied units.
11. The agreement term is 25 years, with 22 years remaining, providing long-term security for the business.
12. The business is ready for new owners to step in and start reaping the rewards of the hard work put in by the current owners.
13. The business is managed by Ras360, a reputable management rights, motels, hotels, pubs, and parks agency.
14. Private inspections can be arranged for interested buyers to secure this rare opportunity.
Management Rights Multiplier: 4.50
ROI Estimate: 22.21%