Located in a great location minutes from the beach and all local attractions, the complex is rated 3.5 star and consists of 59 apartments all in the letting pool. This business is unique as its operates under a hotel licence which precludes any owner permanently residing in their units or renting them out on a permanent basis. The maximum available stay is 90 days.

Key Features

  • The managers residence is a two bedroom, two bathroom fully airconditioned unit with a private courtyard.
  • Two car parks are allocated to the manager in the secure undercover carpark.
  • The back office is attached and is on-title
  • Agreements have 21 years remaining on term
  • Nautilus Mooloolaba is well located across from the broad from The Wharf complex which includes Underwater World.
  • $117,000 Body Corporate Salary
  • Current under management - Managers may stay on if required

  

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR004905
Property Type: Management Rights
Region: QLD - Sunshine Coast
Suburb: Mooloolaba
Sale Type: Management Rights - All
Net Profit: $625,000
Price: $4,257,000

Listing Agent(s)

Agent Feedback

I am not often moved to write to record my appreciation and recognition of outstandingly excellent work and good practice. This is because I have seldom found it.  This is not the case with Alex Cook and Resort Brokers.  The whole experience from the initial appraisal to the signing of the contract and later advice that the purchaser's finance had been approved has been of the highest order.    

- Peter & Marg Fisher SURFERS PARADISE

Glenn is an effective communicator and follows through queries from both vendors and purchasers promptly. His effective techniques for selling Management Rights have become clear to us both as purchasers and vendors, and he does not allow an opportunity to be missed.

- June and Karl Teller RESIDENT MANAGERS

I’ve been in the Management Rights business for 15 years and have only used Resort Brokers for transactions. Almost a decade ago Glenn Millar successfully managed my sale of Oceans Mooloolaba. Five years ago I bought The Rise Noosa through Glenn and also sold it through him recently. As always Glenn has been totally professional, is well respected and knows the industry like few others. My Company also recently acquired Peppers Hervey Bay (now known as Oceans Resort & Spa Hervey Bay). This was a particularly complex transaction but, again, Glenn handled his part most effectively.

- Gary Rice
Chairman,
Oceans Resort & Spa, Hervey Bay