Port Douglas, Queensland

$1,180,000

Property Description

Business For Sale - Tropical Resort in Beautiful Port Douglas - ID 8533 BL

- North Queensland Management Rights For Sale
- Extra Income Potential for Motivated Managers
- Full resort facilities including resort style pool area, tennis court, onsite cafe & bar, Wi-Fi
- Multiple income streams to this diversified business
- Body Corporate salary over $100,000 offers good stability
- 39 in the letting pool, currently 28 permanent and only 11 holiday
- No set hours in the agreement
- Cafe & Bar figures not in the P&L as currently separately managed
- Great options for residence with large stand alone ranch style house now configured into a - 3 bedroom house and a 1 bedroom unit, all on title with its own yard and pool
- Current managers have all the systems in place for efficient management
- Genuine upside and business opportunities for motivated new managers
- Could suit an extended family due to the residence configuration
- How would you choose to run this tropical oasis? If you want to maximise your returns there is huge potential to manage all aspects of this business and earn considerably more income. eg: the café/bar is separately managed and no income is derived from this asset. There is also a small conference room currently being used as a Pilates studio that could continue or be used to run a separate business within your management structure. Ask me how you could be earning more income with no extra financial outlay as the options are almost endless due to excellent agreements and supportive Body Corporate.

Put this package together with one of the best residences in town for a management rights with its own yard and private pool, this could be a wonderful opportunity for an experienced operator, newcomer with marketing or tradie skills.

Net Profit: $219,580
Asking Price: $1,180,000
(Inclusive of manager's real estate)

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

Management Rights Brokers
Tony Johnson & Antonio Curulli

Property Summary

Business Snapshot

Price: $1,180,000 Net Profit: $219,580 Remuneration / Body Corp Salary: $108,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $410,000Bedrooms: 4Bathrooms: 2Pets OK: Yes
Currently configured into a 3 bedroom house and a separate 1 bedroom unit, Either could be sub-let for extra income, Would also suit a large or extended family situation, Own private swimming pool, Private yard and garaging

Complex Information

Complex Type: MixedTotal Units in Complex: 60Total Units in Letting Pool: 39Holiday Units: 11Permanent Units: 28Owner Occupy Units: 13Outside Agent Units: 7Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 18 yearsPool: YesTennis Court: YesBBQ Area: Yes

Marketing Agent


Marketing Agency

MR Sales

Antonio Curulli
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Port Douglas, Queensland 4877 Exact map location not provided

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