Motivated Sellers. Bribie Island Management Rights
About this business for saleMotivated Sellers. Bribie Island Management Rights
Sylvan Beach is located at Bellara on Bribie Island, part of Morton Bay, only 50 minutes’ drive from Brisbane. This complex is well located, with the beach at your door step and an adjacent park including numerous shady trees. There are 22 years remaining on the agreements based on the Accommodation Module. This is an easy to run business, with growth potential.
This building is 20 years old and includes 24 apartments. 13 of these are in the let by the onsite manager.
Owner occupied (6), Lock Ups (3) and Outside agents (1) - give growth potential to increase the letting pool.
The office is on title, along with parking and storage. There is also room for additional cars and boats.
This is an easy to manage business, suited to those who want lifestyle and handy proximity to Brisbane and the International Airport.
Industry: Management Rights; Resort;
+61 7 5479 6155
+61 419 378 777
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.