YEPPOON QLD 4703
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- 28 Oct 2016
Business For Sale - Outstanding Yeppoon Management Rights - ID 8675 H
Yeppoon Management Rights Business For Sale
Holiday management rights for sale
- 4 star complex with spectacular ocean views
- 51 apartments and 1 conference room in the letting pool
- Ground floor manager's residence adjoins reception
- Accommodation module agreements expiring in 2039
- Ample scope to further improve trade
This complex is one of the best you will find on the market with uninterrupted ocean views from most units plus income producing conference room on title. The owners have done all the hard work in establishing a solid client base. If you are after a high nett income on a low multiplier, then look no further.
Yeppoon is the gateway to the Capricorn Coast. The township has retained its village style appeal yet offers a variety of wonderful restaurants, accommodation, shops and galleries.
Nett Profit: $553,550
Asking Price: $3,575,000
(Inclusive of managers residence)
For further information or to arrange and inspection of this Yeppoon management rights business for sale contact:
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information