Holiday Management Rights for Sale
Absolute Beachfront Property with Coral Seas Views
- Sizable letting pool making it one of the largest in the area.
- Excellent networks in place and high volume of corporate clients.
- Easy to manage stable business with attractive easily maintained grounds, and street frontage.
- Saltwater pool with spa, complemented by shady gazebo and BBQ area.
- Business has all the key ingredients to provide an excellent return on investment, time, and lifestyle objectives.
- Five-year top up to agreement to be approved at AGM next month.
- Motivated vendor has illness in the family and wishes to be full time with their partner.
- Manager approved to reside offsite.
Suitable as a add on property for a local MR owner able to leverage the residence under a rental arrangement or for a mum & dad team wishing to enjoy a great semi-retirement business & lifestyle.
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 25%.
Net Profit: $300,000
Total Asking Price: $1,400,000
For further information or to arrange an inspection of this Far North Queensland management rights business for sale contact:
Management Rights Broker
Antonio Curulli
