Price reduced for this expanding business in Marcoola

$675k MR&$1.064k Unit = Total $1.739M

Resort / Holiday Management Rights, MARCOOLA QLD

Marcoola, located on Queenslands beautiful Sunshine Coast, offers a laid-back coastal lifestyle that appeals to both families and couples alike. Known for its pristine, uncrowded beaches and stunning natural surroundings, Marcoola provides the perfect escape from the hustle and bustle of city life. With its crystal-clear waters and long stretches of sandy shores, it's ideal for swimming, surfing, or simply enjoying the peaceful ocean breeze. Surrounded by a wide range of restaurants, cafes, wine bars, and serene parklands perfect for BBQs and picnics, this complex offers guests an exceptional holiday
experience. Another 2 apartments have been added to the letting pool while being advertised , the total now is 22 , the business is still growing.

This beautiful resort at Marcoola, where you can enjoy a stay in fully self-contained, spacious and comfortable apartments with stunning ocean or garden views. Another apartment was added to the letting pool while being advertised , to 21.
This family friendly beachside accommodation is the perfect location to create fun memories and explore what the beautiful Sunshine Coast has to offer.
Timeout for precious holidays together is valuable so come and enjoy this peaceful and relaxing resort with outstanding friendly service.

Managers Unit:
The manager's apartment is a spacious three-bedroom, two-bathroom residence, featuring a modern renovated kitchen & renovated bathrooms with half-height wall tiling. The main bedroom includes a walk-in robe, ensuite while the second & third bedrooms is equipped with built-in robes offering ample storage space. The managers unit comes with 2 balconies facing north & South . A split-system air-conditioning is in the lounge and ceiling fans throughout the apartment ensure comfort all year-round. The apartment also includes a reception/office area and a. Security doors are installed through the apartment and at the reception, and the property is fitted with CCTV cameras monitoring throughout the complex.

Complex Details:
This resort offers Two-bedroom or three-bedroom Ocean or Garden Views, which are self-catering holiday apartments. Set across the ground to the 5th floor of the complex attracts high volumes of short-term guests, leading to greater profitability compared to traditional long-stay holiday resorts. You have plenty of storage, Laundry, workshop and one linen room per 5 floors for storage.

Key Financials & Features:
-Nett profit exceeding $153,723.
-Body Corporate Salary of $76,478 (incl. GST) with low-maintenance gardens.
-20 units in the letting pool ensuring a steady income stream.
-Central location perfect for short stays, yielding higher returns.
-Established corporate client base and high demand from returning guests.
- They have picked up 2 more in the letting pool since since the net figures were produced. A total of 20.
-Real estate including office $1,064,000, Business : $675,000, Total $1,739,000

This is a rare opportunity to acquire a highly profitable management rights business in a prime Marcoola location. For more details, contact Geoff Hatchman at Ras360 Property Solutions today.

More Information

Financial Overview

Total Purchase Price: $675k MR&$1.064k Unit = Total $1.739M
Net Income: $ 153,723 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 0
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: undisclosed
_{Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.}