This is a rare opportunity to acquire an established management rights business in one of Queensland's most sought-after locations. Nestled conveniently between Maroochydore and Cotton Tree, this boutique holiday resort offers a low-maintenance, high-return operation suited for an experienced investor or lifestyle buyer seeking a relaxed, coastal lifestyle without the need to purchase a manager's residence.
Property Features and Amenities:
49 spacious, high-quality apartments: Each unit is beautifully maintained with modern fittings, ensuring high occupancy and guest satisfaction.
8 commercial tenancies: Including a popular café and restaurant, which contribute significantly to income streams. Notably, these outlets require no management or maintenance from the complex manager, simplifying operation.
Guest facilities: The resort boasts a heated swimming pool, spa, BBQ area, and fully equipped gymall highly desirable amenities that attract repeat bookings and positive reviews.
Operational Advantages:
Separate reception (exclusive use): Provides a professional, welcoming guest interface with no requirement for standard office hours or onsite presence.
Dedicated Wi-Fi system: Eliminates costly third-party services, ensuring reliable internet connectivity for guests.
Onsite laundry and storage: Fully equipped with new commercial washing machines, ensuring smooth daily operations and guest convenience.
Prime Location and Community:
Central position: Within walking distance to major shopping centres, surf club, riverside parks, and restaurants, offering vibrancy and convenience.
Natural attractions: Close to safe river swimming spots and world-famous surf beaches, appealing to families, surfers, and outdoor enthusiasts.
Family-friendly environment: Located opposite a children's playground and park, making it an attractive choice for families and leisure travelers.
Financial & Contract Details:
Net profit of $233k annually, with significant potential for growth.
Currently managing 7 apartments, with scope for expansion.
Body corporate salary of $172,000 per year, CPI-adjusted, with 21 years remaining on the contract.
This unique opportunity combines a proven business model with a highly desirable coastal lifestyle, offering security and strong income in a thriving destination.
This business has a Exceptional ROI - Circa 20%
**Ras360 Specialists in Motels | Hotels | Pubs | Parks | Management Rights **
