Horseshoe Bay, Queensland

$975,000

Property Description

Business For Sale - VENDOR SERIOUS ABOUT SELLING - ID 8706 BL

WILLING TO SELL WELL BELOW TRUE MARKET VALUE
Management Rights Business For Sale

- Magnetic Island holiday letting complex
- Well established business , situated on the favoured east side of Magnetic Island
- The perfect beachfront outlook in this tropical paradise
- 15 lots with 12 in the holiday letting pool
- All apartments are fully self contained
- The resort also offers pool, spa, BBQ facilities, cable TV and Wi-Fi facilities
- Standard module agreements expiring 2027
- Terrific three bedroom, two bathroom manager's apartment
- The island offers all community amenities
- Just 20 minutes to Townsville
- This is the ideal family business.

Want to escape the rat race'? Then here is the perfect opportunity. An easily managed complex, good family living and good profits. An ideal business all round.

Magnetic Island is an island 8 kilometres offshore from the city of Townsville, Queensland

Net Profit: $144,000
Asking Price: $975,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this North Queensland management rights business opportunity contact:

Geoff Ellis

Property Summary

Business Snapshot

Price: $975,000Net Profit: $144,000

Managers Unit

Value of Managers Apartment: $475,000Bedrooms: 3Car Spaces: 1Pets OK: Yes

Complex Information

Total Letting Pool: 12

General Features

  • Land Size: 1 m2 (approx)

Marketing Agent


Marketing Agency

MR Sales

MR Sales

MR Sales

Geoff Ellis
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Horseshoe Bay, Queensland 4819 Exact map location not provided

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