Maroochydore Lifestyle Resort. Great Time to Buy!
About this business for saleMaroochydore Lifestyle Resort. Great Time to Buy!
This Cotton Tree boutique apartments is close the Maroochydore beach, restaurants, Surf Club, Bowls Club, etc. The complex has 10 residential units, with 6 in the letting pool, along with income from 8 off-site holiday units also managed through the business. All the units are promoted through various mediums including websites and social media sites belonging to the manager.
The manager has grown this business substantially, but there is still plenty of opportunity to develop it further.
This modern complex is well positioned, with lift, heated semi salt water pool, Foxtel and Wi-Fi.
The stylish and spacious manager’s unit has 3 bedrooms, ensuite, air-conditioning, highset ceilings, and a lovely sunny private courtyard.
The apartment is well priced and has a 2018 valuation. The residence and office valued are at $540,000.
The income at $102,733 has a multiplier of 3.26 (including body corporate salary).
Asking Price: $875,000
Enquire now to receive a copy of the business profile or contact Chris Reid of LINK Sunshine Coast directly 0419 378777.
Industry: Management Rights; Accommodation
Location: Sunshine Coast.
+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.