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Caloundra, Queensland 4551

SOLD

Management Rights

Big Moneymaker Even In These Times

Air Conditioned 3 bedroom managers unit plus reception, office & storage rooms on title. Accommodation Module with long 25 year agreemnts in place with 24 years left.

The letting pool of 58 holiday units provides the excellent income of $460,000 plus an allowance of $37,000 for wages. There is some upside as well since the owner charges have not been lifted for some time & the tariffs are being raised by up to 5% for next year. The body corp payment is $95,000 + GST & this is a great start to the business. This property is being offerred for sale at a very realistic multiple of 4.9 & should not last long - RING FOR AN INSPECTION !!!

Business Features

Business Snapshot

Price: SOLDTrial: no

Managers Unit

    Financial Snapshot

      Complex Information

      • Total Letting Pool: 1
      This listing last updated: 13th Apr 2015

      Marketing Contact

      • Matt Campbell

      • 07 5477 1989
      • 0410 343 219
      • send email

      Marketing Agency

      Matt Campbell

      Australian Resort Management Sales

      Map Location ( get directions )

      Caloundra, Queensland 4551 Exact map location not provided