Holiday Management Rights for Sale
20% overall Return on Assets deployed
- 29 of the 40 units are in the holiday pool
- Full term 25 year agreement in place expiring 2049
- Gross revenue more than $850,000 PA
- Annual net profit more than $450,000 PA
- With ratings of 9.6 on Booking.com and ranking among the top 10% of listings on Travelers Choice - Tripadvisor in the world
- Rights consist of 2 properties with common boundary and run as one business
- Combination of one, two and three-bedroom apartments to cater to a wide market of guests and guest experiences
- Spacious ground floor two-bedroom managers apartment, flowing out into a manicured lawn and garden bed with sea glimpses
This property can provide a buyer with an owner operated or a under management solution, with excellent returns under either approach.
Net Profit: Over $450,000
Asking Price: $2,375,000
(Real Estate - $620,000 and Rights - $1,755,000)
For further information or to arrange an inspection of this North Queensland Management Rights business opportunity contact:
Management Rights Broker
Antonio Curulli
Property Code: 854
