Phone enquiries - please quote property ID 36686.
No Unit to Buy - Offsite Living - $233K Net Profit - $171K Building Caretaker Salary
Step into an exceptional coastal business opportunity with this well-established management rights for a boutique holiday resort located between Maroochydore and Cotton Treeone of the
Sunshine Coast's most vibrant and high-growth destinations.
This is the ideal business for an astute couple or investor seeking a low-maintenance, high-return operation with the flexibility to live off-site and no requirement to purchase a manager's residence.
What Makes This Opportunity Stand Out?
* 49 high-quality, spacious apartments in a beautifully maintained complex
* 8 commercial tenancies, including a popular café and restaurant
* Heated pool, spa, BBQ area, and gym highly desirable guest facilities
* Separate reception area (exclusive use) no office hour obligations
* Independent Wi-Fi system no third-party costs or complications
* Fully equipped onsite laundry & storage with new commercial machines
Business at a Glance
* Net Profit: $233,000
* Letting Pool: 7 apartments, with potential to grow
* Body Corporate Salary: $171,000 + CPI increases annually
* Contract Term: 21 years remaining
* Asking Price: $1,165,000 (5x multiplier)
Prime Central Location
* Short walk to major shopping centres, surf club, RSL, riverside parklands and restaurants
* Close proximity to both safe river swimming and surf beaches
* Family-friendly with a children's playground right across the road
This is a well-structured, profitable, and easy-to-run business in a premier locationperfect for lifestyle seekers or seasoned operators looking to expand their portfolio.
Explore more on the website: spaceholidayapartments.com.au
DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.
