Mackay Letting Rights For Sale
Restaurant, Function Room, and 38 Room Letting Rights
- Resort, with restaurant, function room and 38 room letting rights.
- Operating annual cashflows exceeding $160,000.
- Perfectly located just 20 minutes north of Mackay Airport.
- Large Saltwater Resort Style Pool, Spa Pool, & Kids Pool.
- Direct access to beach and ocean views.
- Freehold restaurant and bar on title, which is currently lease for $60,000 PA.
- Purpose built function and conference room catering for weddings, conventions, and meetings.
- Reception and office on freehold title, attached to a freehold managers residence.
- 38 Rooms in a letting agreement, make for a profitable and sustainable operation.
- Close to all amenities, airport, and shopping.
Owners are tired, need to retire and wish to sell, there are 3 components, being offered:
Freehold Lot 1 - Managers Residence / Reception and Office - $250,000
Freehold Lot 2 - Restaurant and Bar, and Function Room - $900,000
38 Units in the Letting Pool, with Function Room Income - $445,000
Net Profit: $157,391 (2021/22)
Asking Price: $1,595,000
(inclusive of managers real estate)
For further information on this Mackay letting rights opportunity contact:
Antonio Curulli
