Holiday Management Rights for Sale
Absolute Beachfront Property with Coral Seas Views
- Sizable letting pool making it one of the largest sizes in the area
- Excellent networks in place and high volume of holiday and corporate clients.
- Easy to manage stable business with attractive easily maintained grounds, and street frontage
- Saltwater heated pool, complemented by shady gazebo and BBQ area.
- Business has all the key ingredients to provide an excellent return on investment, time, and lifestyle objectives.
- Easily toppable 10-year management agreement
- Motivated vendor wishes to fully retire
- Manager approved to reside offsite, with substantial letting revenues for managers residence
- Suitable as a add on property for a local MR owner able to leverage the residence under a rental arrangement or for a couple team wishing to enjoy a great semi-retirement business & lifestyle.
- Tropical 20m lap pool, lift, BBQ, Wi-Fi, tour office, undercover parking, landscaped gardens.
- Blue chip location on World's Best Beach as voted by Conde Naste 2024
With the ability to live off site, the managers unit could fetch $50,000 PA, bringing the return under management to around $350,000, giving an overall yield on investment of 20%.
Net Profit: $293,000
Asking Price: $1,725,000
(Inclusive of manager's real estate)
For further information or to arrange an inspection of this North Queensland Management Rights business opportunity contact:
Management Rights Broker
Antonio Curulli
