Suit First Time Operator

Coolum Beach, QLD, Australia

Property Info

Location
Coolum Beach, QLD, Australia
Price
$725,000
Property Type:
Coolum Management Rights
Status:
For Sale
Code :
S134

Property Description

Boutique operation in the heart of Coolum offering superbly presented personalised apartments and a well-run business opportunity.

  • Net income of over $105k with managers cleans, $90k with external cleaners.
  • 25 years management agreement, GV friendly with BC salary of over $38k with no set office hours.
  • High repeat clientele showing good occupancy all year around.
  • Bright and Airy beach themed and stylishly refurbished managers residence (Recently Valued) with large private patio & garden area with ocean glimpses asking $395k.
  • All units refurbished to a high standard offering boutique accommodation.
  • Immaculate operation and priced to sell.

This complex is really a walk in and ready to go business set in an ideal location in the beautiful Coolum

Financial Details

Nett Income:
$105,000 (Manager cleans)
Remuneration:
$38,137 + GST

Manager's Unit

Number of Bedrooms:
2
Manager's Unit Value:
$395,000

Letting Rights

Agreement Term:
25 years
Agreement Remaining:
25 years
Units in Letting Pool:
11 + 1
Outside Agents:
1
Lock Up:
1

Property Facilities

  • Swimming Pool
  • Cable TV
  • BBQ Facilities

Map

Contact Agent


Take your time reviewing the information provided within these pages; we are only too willing to assist you. The nature of the Management Rights business is one of constant change. If you cannot find what you are looking for please check back often as the site is constantly updated to reflect the listings that we manage.

If you are interested in purchasing Management Rights please check listings above and contact us.

 

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