Management Rights Mooloolaba -  Hotel Zoned
Management Rights Mooloolaba -  Hotel Zoned
Management Rights Mooloolaba -  Hotel Zoned
Management Rights Mooloolaba -  Hotel Zoned
Management Rights Mooloolaba -  Hotel Zoned
Management Rights Mooloolaba -  Hotel Zoned
Management Rights Mooloolaba -  Hotel Zoned
Management Rights Mooloolaba -  Hotel Zoned
Management Rights Mooloolaba -  Hotel Zoned

Management Rights Mooloolaba - Hotel Zoned

$4,257,000Under Contract

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

My experience in dealing with Alex Cook as the selling agent for Deepwater Point has been nothing short of outstanding. From the quality of marketing material, to the handling of site inspections, to the negotiation skills demonstrated whilst finalising the sale, Alex has proved himself to be an exceptionally professional and knowledgeable agent. I was particularly impressed with the constant and detailed feedback provided to me throughout the process. We felt comfortable from the start to the finish and always knew exactly what was going on, making the whole experience as stress free as possible. Alex also seems to have particularly good relationships with the various industry professionals used during the sales process, again making life a lot easier. I genuinely feel Alex had our best interests at heart at every stage, and would not hesitate in recommending him to anyone looking to buy or sell their Management Rights. Out of interest, I have gone on to purchase another Management Rights through Alex.

- Mark Fuhrmann
Vendor,
ex-Deepwater Point

We recently sold our management rights business “La Mer Apartments” in Sunshine Beach. After purchasing the business eight years ago through Glenn Millar from Resort Brokers we had no hesitation in contacting him again to get the sale process underway, once we had made a decision to move on. The sale of our complex was quick and easy, and Glenn handled the process in a very thorough and professional way. Glenn has extensive knowledge of the management rights industry, and I would definitely recommend him to anyone contemplating buying or selling.

- Michael & Lesley Minns
Vendor,
La Mer Apartments

Glenn is very thorough in his approach to his work, gaining a good understanding of the properties he lists and the sellers he represents. He is careful to screen potential buyers and properly assess their capacity and likelihood to complete the purchase.

- John Mahoney MAHONEY LAWYERS