Port Douglas, Queensland

$1,230,000

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 caf/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: $1,230,000
(Inclusive of manager's real estate)

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

Listing Management Rights Broker
Tony Johnson

Property Summary

Business Snapshot

Price: $1,230,000 Net Profit: $219,580 Remuneration / Body Corp Salary: $108,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $440,000Bedrooms: 4Bathrooms: 2Car Spaces: 2Office: On Title

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: 25 yearsAgreement Term Remaining: 18 yearsPool: YesTennis Court: Yes

Marketing Agent


Marketing Agency

MR Sales

Tony Johnson
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Port Douglas, Queensland 4877 Exact map location not provided

Similar Properties

NO NEED TO LIVE ON SITE
Exclusive

RUNCORN
NO NEED TO LIVE ON SITE

$1,200,000
Net Income: $149,000
Managers Estate: $400,000 3 Bed 3 Bath
Letting Pool: 52
Remuneration: $73,000

Property Bridge
25 Years and 3% Remuneration Increase Permanent in South Brisbane!
Exclusive

SOUTH BRISBANE
25 Years and 3% Remuneration Increase...

$1,182,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Next Business & Property Sales
Perfect Combination of Location, Space and Investment
Exclusive

TAIGUM
Perfect Combination of Location, Space and...

$1,332,000
Net Income: $185,000
Managers Estate: $370,000 3 Bed 2 Bath
Letting Pool: 37
Remuneration: $110,000

Shine Realty
MERMAID BEACH PERMANENT
Exclusive

MERMAID BEACH
MERMAID BEACH PERMANENT

$1,380,000
Net Income: $126,636
Managers Estate: $775,000 - Bed - Bath
Letting Pool: 59
Remuneration: $83,229

Stratacorp

PORT DOUGLAS
Business For Sale - Consistent Performing...

$1,090,000
Net Income: $133,000
Managers Estate: $495,000 2 Bed 1 Bath
Letting Pool: 9
Remuneration: $46,800

MR Sales
Solid and Permanent Business in Brisbane Inner City
Exclusive

FORTITUDE VALLEY
Solid and Permanent Business in Brisbane...

$1,195,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Next Business & Property Sales