Ideally positioned Mackay Short-Term Management Rights with Net Profit of $484K

ResortBrokers presents to the market the fully established, short-term management rights located in the heart of Mackay overlooking the Pioneer River. The mid-rise apartment complex has been successfully run under management by a larger corporate hotel group creating great upside for a savvy operator with staff or as an owner-operator. The property consists of a mix of 1 bed, 1 bath and 2 bed, 2 bath unit types that are ideal for short-term occupancy. The letting pool is run as a short-term business.

The verified net profit report has been prepared by industry specialists management rights accountant McAdam Siemon and shows a strong net profit of $484,159 per annum.

The caretaking and letting agreements are on the 25 year accommodation module, this business-only opportunity has no set office hours and no real estate to purchase making it an attractive option for any experienced operator to secure a solid business with genuine upside.