Yorkeys Knob, Queensland

Absolute Beachfront Holiday Resort

$1,570,000

Business Description

This Cairns Beaches tropical resort is absolute beachfront. A rainforest park blends the resort with the beachfront and the poolside restaurant and bar provide guests with a unique tropical dining facility. The full sized tennis court and basketball court, pool area and restaurant provide real resort facilities. Manager has a spacious three bedroom ensuited apartment. The restaurant is on title, includes full equipment and has leased operators: the income is not included in the net profit. This fantastic property is located in prime position in an emerging holiday beachside area and has the potential to really move. A full property valuation is available to approved buyers. Call Alex for further information.

Business Summary

Business Snapshot

Price: $1,570,000 Net Profit: $239,000 Remuneration / Body Corp Salary: $97,680Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $660,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
Spacious 3 bedroom 2 bathroom with huge outdoor area plus freehold restaurant (currently leased).

Complex Information

Complex Type: HolidayTotal Units in Complex: 32Total Units in Letting Pool: 22Owner Occupy Units: 4Outside Agent Units: 2Lockup Units: 3Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesSpa: YesTennis Court: YesBBQ Area: YesWIFI: Yes
Marketing Agent
Alex Barker-Ré
Alex Barker-Ré

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Key Investment Insights

1. Prime beachfront location in an emerging holiday beachside area.
2. Resort facilities including a full-sized tennis court, basketball court, pool, and restaurant.
3. Spacious three bedroom ensuited apartment for the manager.
4. Restaurant on title with leased operators, providing additional income potential.
5. Full property valuation available for approved buyers.
6. Potential for growth and expansion.
7. Body corp salary review of CPI annually.
8. Manager's unit valued at $660,000.
9. Complex type is holiday with a total of 32 units.
10. 22 units in the letting pool, with potential for growth.
11. Agreement module is accommodation with a term of 25 years.
12. Resort amenities include a pool, spa, tennis court, BBQ area, and WIFI.
13. Manager's unit includes a spacious outdoor area and is pet-friendly.
14. Agreement term remaining is 20 years.
15. Net profit of $239,000 and remuneration/ body corp salary of $97,680.
16. Opportunity to live and work in a tropical beachfront location.
17. Potential for further development or expansion of the resort.

Management Rights Multiplier: 3.81
ROI Estimate: 26.26%

Listing location

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

Perfect Permanent at the Beach
Calvin Bailey Management Rights
Perfect Permanent at the Beach

YORKEYS KNOB

$1,420,000

Net Income: $217,000
Managers Estate: $470,000 2 Bed 2 Bath
Letting Pool: 53
Remuneration: $105,500

SHARP PRICE REDUCTION AS SELLERS ARE COMMITTED ELSEWHERE | Resort Brokers ID : MR008111
ResortBrokers
SHARP PRICE REDUCTION AS SELLERS ARE...

TRINITY BEACH

$1,495,000

Net Income: $316,325
Managers Estate: $525,000 3 Bed 2 Bath
Letting Pool: 33
Remuneration: $95,806

Profitable, low-maintenance Management Rights business in Cairns CBD | Resort Brokers ID : MR008041
ResortBrokers
Profitable, low-maintenance Management...

CAIRNS

$1,710,000

Net Income: $326,324
Managers Estate: - 2 Bed 1 Bath
Letting Pool: 33
Remuneration:

Streaky Bay Islands Caravan Park
Substantial CBD investment
Exclusive - NO REQUIREMENT to Live Onsite & Extra Rental Income – ID 9129
Majestic Ocean Views - ID 8423
AN OUTBACK MOTEL AND CARAVAN PARK OASIS WITH SOLID RETURNS - 1437ML
Exclusive - Navigate Towards Success in Hervey Bay- ID 9127
NOP $315K BUSINESS-ONLY MLR PORTFOLIO WITH NO COMMON FACILITIES | Resort Brokers ID : MRB008205
Outrigger: Where Hospitality Meets Profitable Waves, Surging with Over $377k in Net Profit!
Ill Health Requires Sale - Performing Very Well
Unlock Robina's Location: Net Profits over $141,000 in a Vibrant Business Hub!
Money Maker Holiday Park Close to Town Centre
Retiring Seller - Owner Must Sell!
Prime Business Only Fortitude Valley Management Rights: Lucrative Opportunity Awaits! 🌟
POPULAR REGIONAL MOTEL LEASEHOLD - 1642ML
$511K Net, No Pool, No Garden – ID 9134
EXCEPTIONAL LIFESTYLE WITH A SIMPLE COMMUNITY BASED COUNTRY PUB IN THE MIDDLE OF TOWN - 52HF
Terminus Hotel
Brassall Retirement Village. very low multiplier