Here is an outstanding opportunity to acquire your own holiday letting management rights business in The Whitsundays Airlie Beach.
Situated at the water's edge adjacent to the award-winning Coral Sea Marina, Shingley Beach Resort is built into the hill scape and surrounded by a natural amphitheatre, highlighting the stunning ocean views. The Airlie Beach bi-centennial boardwalk across the road winds around the coastline and makes for a short easy ground level stroll to the main street or Cannonvale Beach, about 15 minutes. Local cafes, shops and eateries are close by and part of your amazing journey. Being very close to the Coral Sea Marina Berth is very advantageous.
With 32 units in the complex of which 21 are in the letting pool, the business would be ideal for a couple seeking a solid and well proven business, and with recently upgraded office equipment and business systems, the upside potential is very positive. There is an excellent combination of studio, 1, 2 and 3 bedroom self-contained apartments, ensuring long stays with events and group bookings alike, especially romantic getaways.
The guest reception is fresh, air-conditioned and spacious with marina views and boasts one of the best tour offices in town. It combines the Shingley Beach Shop, which offers cold drinks, snacks and ice cream for sale to guests, as well as basic amenities. The reception is modern with 5 flat screen TV's, tour wall and a charging and workstation for guests offering free WIFI.
The pet approved manager's apartment is 2 bedroom, fully tiled and air-conditioned, includes a managers car park and private patio deck with marina and ocean views. The freehold also includes 2 high ceiling double lock up garages to the side of the resort to store your boats, cars, jet skis or lease for extra income.
The business is a consistent performer delivering profits year on year with 15 years remaining on both management rights and a new 2024 modernized caretaking agreement, which includes a minimum annual salary increase of 4%. In accordance with legislation, these agreements may be topped up by up to five years in any one year.
Shingley Beach Resort is a must-see opportunity for anyone seeking that sea-changing lifestyle with huge upside potential still to be realised. The prospect to live, work and enjoy the resorts lifestyle in one of Australia's most sought-after holiday regions can only be a dream to some.
