Montville, Queensland

$1,700,000

Property Description

Business For Sale - Montville Magic - ID 8861 BL

As New Building - Potential To Live Off-Site
Sunshine Coast Management Rights For Sale

- 24 units with 23 in the letting pool
- No need to live onsite, could add manager's unit to holiday rental pool
- Ideal for an experienced operator or marketing savvy business person
- Mix of studios, 1 and 2 bedroom apartments
- Short stroll to pub, cafes and shops
- Serious growth potential with many forward bookings
- 23 years remaining on agreements
- Motivated vendors ready to deal on terms to the right buyer

As an ideal location for weddings, small corporate conferences and romantic couple stays, this property is the premier accommodation of its type in the area and units are not suitable for permanent living, giving you the security of letting pool numbers.

Montville is a tourist hotspot that has a European Village vibe yet is only 30 minutes from the coast. It has something for everyone, from wineries to cheese factories, from crafty shops to world class dining. This is a great alternative to a coastal getaway and less that 90 minutes to Brisbane CBD. This 2 year old building will impress the most fussy buyer.

Net Profit: $313,000
Asking Price: $1,700,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Sunshine Coast management rights business for sale contact:

Listing Broker
Tony Johnson

Property Summary

Business Snapshot

Price: $1,700,000 Net Profit: $312,924 Remuneration / Body Corp Salary: $44,400Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $275,000Bedrooms: 1Bathrooms: 1Car Spaces: 1Office: On Title
One bedroom, One bathroom, No requirement to live onsite, Add this unit to the letting pool

Complex Information

Complex Type: HolidayTotal Units in Complex: 24Total Units in Letting Pool: 23Holiday Units: 23Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsWIFI: Yes

Marketing Agent


Marketing Agency

MR Sales

Tony Johnson
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Montville, Queensland 4560 Exact map location not provided

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