Coolum Beach Management rights offering a strong net income over $186k making this very competitively priced at a 4.17 multiplier. 4 star, peaceful setting with excellent resort facilities including heated lagoon pool, spa & 4 undercover BBQ areas. With 42 keys (21 units) this property offers various options for holiday makers and corporate visitors. Stand alone 4 bed managers residence make this an ideal family choice. The current managers have all marketing in place and systems set up for the new owners. This really is a well oiled & run, turn key business with a strong net income. Is it your time for change?
Business SnapshotPrice: $1,295,000Net Profit: $186,200 Remuneration: $48,180
Managers UnitValue of Managers Apartment: $520,000Bedrooms: 4Car Spaces: 1Office: On TitlePets OK: Yes
detached townhouse with 3 beds plus living up stairs including private balcony set in tropical gardens. Downstairs boasts another bed or study, Stylish living & plenty of room for the family. The office, reception is large & inviting & being attached to the managers residence offers ease of access.
Complex InformationTotal Letting Pool: 34Agreement Module: AccommodationAgreement Term: 25 years