Magnificent Kings Beach Management RightsListing: #14757
About this Business for sale in CaloundraMagnificent Kings Beach Management Rights
Enjoy the lifestyle on one of the Sunshine Coast’s most popular beaches, plus the solid financial returns of this established holiday resort in a quality location.
Present owner have had these Management Rights for 16 years and are looking to retire. Easy to manage, with a high level of repeat clients, and a high occupancy rate.
A multi-level building has 19 units in total, of which 14 are in the letting pool, plus 1 external units in the near vicinity. The facility has a pool, spa, BBQ, secure parking, plus Foxtel. The apartments are all 2brm / 2bath and are serviced with lift access. There is heated pool, spa, and BBQ.
Enjoy the spacious manager’s apartment which has 3 bedrooms and 2 bathrooms, plus a large courtyard to relax or entertain. The complex is a short stroll to the patrolled beach, the cafes and shops.
This is a great opportunity to the astute buyer. Enquire now.
+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.