Absent owners are looking to sell this asset. The complex comprises two x 10 level towers and one basement level secure car parking. The business offers both short- and long-term accommodation options with significant upside. Call the agents direct for more details

Key Features

  • Facilities include resort style swimming pool, lap pool, spa, gymnasium
  • This business will not be suitable for inexperienced parties due to the size and complexity of such businesses
  • Body Corporate Salary in excess of $228,000
  • There is a large hotel style lobby and port cochere with a large back of house component of several offices, linen room
  • Two bedroom managers unit to be purchased $690,000
  • No requirement to reside on site
  • 83 units in managers letting pool

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR005646
Property Type: Management Rights
Region: QLD - Sunshine Coast
Suburb: Maroochydore
Sale Type: Management Rights - All
Net Profit: $393,056
Price: $2,400,000

Listing Agent(s)

Agent Feedback

Having had two previous contracts collapse through another agency, we were extremely relieved to deal with Glenn Millar of Resort Brokers. I would strongly recommend him to anyone who is in the market for buying or selling.

- Laraine & Col Fields
Previous Vendors,
Emerald Village Apartments

Glenn Millar of Resort Brokers has been known to me and by partners for sixteen years. Glenn was the successful selling agent for a management rights business owned by our company in 2002. This business was known as UniCentral located at the University of the Sunshine Coast, Sippy Downs, Sunshine Coast. UniCentral consisted 91 student apartments. In 2007, we invited Glenn back to sell our 105 lot Pelican Waters property - Vardon Point Resort. As with UniCentral, Glenn was able to achieve a record multiplier for the day and we were again, very satisfied with the result. Most recently, Glenn was offered an Excusive Agency for our Rumba Beach Resort in Caloundra, Sunshine Coast. Once Again, Glenn sourced the buyers and stewarded them through to a successful settlement for a record multiplier. In light of the unblemished track record Glenn has demonstrated, we are delighted to provide him with this professional reference. Glenn has always delivered on his promises to us.

- William Darby
Director,
Village Management Corporation PTY LTD

We herewith certify that we appointed Glenn as our agent to sell our management rights business at On the Beach Noosa as we found him to be professional when he approached us for the listing. Glen produced a buyer within one week, he achieved our asking price and kept in constant contact throughout the sale period. We would have no hesitation in dealing with Glenn in the future and would recommend him to any seller/buyer.

- Ann & John Bennett
Vendor,
On the Beach Noosa