Kings Beach, Queensland


Property Description

Outstanding Business, Priced To Sell, 2.5x Multiplier! | Resort Brokers ID : MR006447

This modern resort, is the perfect property for a management team or solo operator looking to run a profitable business whilst maintaining a flexible lifestyle. With 9 apartments in the letting pool managed by the on-site manager, this business packs a profitable punch.

  • 30% ROI

  • $46,515.55 BC Salary

  • Huge 3 bed, 2 bath residence

  • Easily managed by solo operator

  • Modern complex, heated pool, spa, BBQ & Lifts

  • 9 in letting pool with further upshot

  • Located only a short stroll to kings beach partolled surf beach

  • Property inspections are by appointment only

Property video: ---------- /9aa31bbe68

Date updated: 05 Mar 2021 23:00:05

Property Summary

Business Snapshot

Price: $810,000 Net Profit: $94,658 Remuneration / Body Corp Salary: $46,515

Managers Unit

Value of Managers Apartment: $600,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 24Total Units in Letting Pool: 9Holiday Units: 9Owner Occupy Units: 7Lockup Units: 2Agreement Term Remaining: 19 years

Marketing Agent

Marketing Agency


Glenn Millar


Listing Tools

Property Map

Map Location ( get directions )

Kings Beach, Queensland 4551 Exact map location not provided

Similar Properties

Business For Sale - Sellers Have Priced To...

Net Income: $150,000
Managers Estate: $550,000 3 Bed 2 Bath
Letting Pool: 31
Remuneration: $52,574

MR Sales

Business For Sale - Caretaking Only - ID...

Net Income: $58,000
Managers Estate: $620,000 3 Bed 2 Bath
Letting Pool: 39
Remuneration: $58,000

MR Sales