Mooloolaba, Queensland

Management Rights $1,695,000

Property Description

Blue Ocean and Blue Sky Holiday Management Rights in the heart of Mooloolaba - all of best attractions within 200 metres - 1P4680MR

Centrally located in Mooloolaba this holiday resort business provides a solid return on investment, and has substantial scope to grow the business into the future. This must be sold business opportunity, boasts a highly productive partnership with a very supportive Body Corporate Community of owners.

Guest reviews confirm the quality of this resort location and holiday experience. Restaurants, cafes, chic boutique shopping, the Mooloolaba Boardwalk, Life Saver supervised beach bathing, renowned surfboarding locations all add to the scope of the repeatable experience for guests holidaying at this resort.

Boasting location, sunshine and surf this resort business can and has, in the past, been managed by one person. This must inspect business provides guests with pool, spa and BBQ facilities in a relaxing tropical garden common area.

TOTAL NUMBER OF UNITS: 30
UNITS IN LETTING POOL: 24

MANAGERS RESIDENCE: Apartment area 77m2, two bedroom, two bathroom, office reception on title, two car space

NET PROFIT: $221,154
REAL ESTATE PRICE: $540,000
BUSINESS PRICE: $1,155,000
TOTAL ASKING PRICE: $1,695, 000

Property Summary

Business Snapshot

Price: Management Rights $1,695,000 Net Profit: $221,154 Remuneration / Body Corp Salary: $42,481Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $540,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes

Complex Information

Complex Type: HolidayTotal Units in Complex: 30Total Units in Letting Pool: 23Holiday Units: 23Owner Occupy Units: 2Outside Agent Units: 2Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesSpa: YesBBQ Area: Yes

Other Features / Notes

A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS

Marketing Agent


Marketing Agency

CRE Brokers

Peter Sagner
CRE Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Mooloolaba, Queensland 4557 Exact map location not provided

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