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Excellent Holiday Location

$875,000

Maroochydore, Queensland

Excellent Holiday Location

Work/life style home based business ideally situated in the beachside village of Cotton Tree and Maroochydore only minutes away to the Sunshine Plaza Shopping Centre.

In the heart of Queensland’s magnificent Sunshine Coast, the best family holiday getaway location alongside the fabulous Maroochydore Surf Beach.

Net Profit/SDE: $ 127,708 multiplier of 2.6

Two businesses in one. A boutique high rise building complemented by external holiday letting management, easily run by 1 person.
There are currently 6 on site apartments and 8 off site apartments in the managers holiday rental pool. This number continues to expand, adding to the bottom line.

Agreement Term: 25 years
Agreement Remaining: 19 years
Units in Letting Pool: 6 On-site + 8 Off-site
Outside Agents: 1
Lock Up: 1

Property Facilities
• Semi Salt Water Heated Swimming Pool
• Secure Basement Parking
• BBQ Facilities
• Lift Access

Total Asking price: $ 875,000
Included 3 Bedroom unit: $ 540,000

For additional information including a copy of the Executive Summary or to arrange an inspection please contact Manni Ribeiro on 0429 626 835

Features

Managers Unit

    Complex Information

    Business Links / Tools

    Last updated: 29th March 2019

    Summary

    Property Type
    Business
    Contract Type
    For Sale
    Location
     Maroochydore
    State
     Queensland
    Price
    $875,000
    Category
    • Management Rights
    • Resort

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    Agency

    Invested Business Sales

    Invested Business Sales

    Contact

    Manni Ribeiro