Maroochydore, Queensland

$3,426,506

Property Description

Is this the best performing management rights on the Sunshine Coast? | Resort Brokers ID : MR006606

This is a great opportunity for experienced operators to learn management rights from a brand new angle; for new comers, it is the best way to realise a dream of running a hotel autonomously, and an opportunity to exercise entrepreneurship.



  • 20 years on agreements

  • Modern 5 year old immaculate building - Office on title

  • Letting secured under performance undertakings - 3 years financials available

  • 18 units in letting pool each returning over $30 per unit per annum to the managers

  • Low maintenance grounds

  • No fixed hours in agreements

  • No requirement to reside on-site - 2 bedroom managers unit currently in letting pool- valued at $650,000

  • Strong Corporate market

  • Property inspections are by appointment only



Property Tour:https://vimeo.com/ ---------- /17b2ebaf16


Date updated: 14 May 2021 13:00:05

Property Summary

Business Snapshot

Price: $3,426,506 Net Profit: $566,646 Remuneration / Body Corp Salary: $57,646

Managers Unit

Value of Managers Apartment: $650,000Bedrooms: 2Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 45Total Units in Letting Pool: 18Holiday Units: 18Owner Occupy Units: 21Lockup Units: 6Agreement Term Remaining: 20 years

Marketing Agent


Marketing Agency

ResortBrokers

Glenn Millar
ResortBrokers

Phone

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Map Location ( get directions )

Maroochydore, Queensland 4558 Exact map location not provided

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