Yeppoon, Queensland

Business For Sale - Management Rights Plus 6 Freehold Properties - ID 9019 BL

$2,800,000

Property Description

Management Rights For Sale
Yeppoon

- Strong forward bookings in this popular resort
- Recently renovated complex of 20 apartments
- All apartments look over Lammermoor Beach with views to Keppel Bay and islands
- Resort facilities include swimming pool, BBQ & tennis court
- Fabulous Capricorn Coast location, close to all amenities
- 3 bedroom manager's residence with office attached

The owners are offering a rare consolidated opportunity of 5 additional freehold apartments (4 x 1 bedroom apartments and 1 x 3 bedroom apartment) offering huge income separate from the management rights net profit.

Gross Profit: $452,248
(Includes rental from the 5 additional apartments offered for sale)
Asking Price: $2,800,000 Negotiable
(Inclusive of manager's residence + 5 additional freehold apartments)

For further information or to arrange for your inspection of this Capricorn Coast management rights business for sale contact:

Management Rights Broker
Michael Philpott

Property Summary

Business Snapshot

Price: $2,800,000 Net Profit: $452,248 Remuneration / Body Corp Salary: $27,777Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $2,000,000
6 apartments in total for sale including the manager's residence. 2 x 3 bedroom apartments and 4 x 1 bedroom units

Complex Information

Complex Type: HolidayTotal Units in Complex: 20Total Units in Letting Pool: 17Holiday Units: 14Permanent Units: 3Owner Occupy Units: 3Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsPool: YesTennis Court: YesWIFI: Yes
Marketing Agent
Michael Philpott
Michael Philpott

Listing location
Gallery

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