Bellara, Queensland

$1,245,000

Property Description

ISLAND PARADISE MANAGEMENT RIGHTS FOR SALE

The price has been reduced on this business. As it is one of the few established holiday complexes on Bribie Island this complex is popular with visitors and families who love the area for boating, fishing or just relaxing next to the water. Very popular destination for city dwellers spending their weekends away from the city rush. The weekends are almost booked out year round with mid week bookings being steady.

Situated on the Esplanade & overlooking the sparkling waters of the Pumicestone Passage the property offers 14 holiday & 1 permanent unit in the letting pool, out of a total of 24 in the complex.

This is a great opportunity to purchase one of a limited number of managed complexes on the island & secure the chance to own & run your own business with a net income of $160,621. (As prepared by Industry Accountant) Easily run by a one or two person management team looking for that life-style opportunity that this operation offers. The possibility exists for one person to work full or part-time in another occupation.

The 3 bedroom managers residence offers space and overlooks the water. There is plenty of storage and the separate large reception office is on the manager's unit title. The Manager also has three separate storage rooms and a carport for the second vehicle. There is a large outdoor courtyard that wraps around three sides the managers' ground floor apartment. The outdoor patio provides expansive water views of the Pumicestone Passage

If you are thinking of a sea change or want to own your own business with a holiday atmosphere life-style then this could be just what you are looking for. The complex is located on the Bribie Island side of the causeway from the popular showtime venue, Sandstone Point Hotel. WiFi is installed throughout the building for use of residents.
Please contact Jim Prentice 0412 984 684 or E. jimp@raas.com.au for more information or to book an inspection on this business, home and life-style opportunity.

Property Summary

Business Snapshot

Price: $1,245,000 Net Profit: $160,621 Remuneration / Body Corp Salary: $47,178

Managers Unit

Value of Managers Apartment: $520,000Bedrooms: 3

Complex Information

Complex Type: ResortTotal Units in Complex: 24Total Units in Letting Pool: 15Holiday Units: 15Owner Occupy Units: 4Agreement Term: 25 yearsAgreement Term Remaining: 18.4 years

Marketing Agent


Marketing Agency

RAAS Group

RAAS Group

RAAS Group

Jim Prentice
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Bellara, Queensland 4507 Exact map location not provided

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