High Netting, High Return Beachfront Management Rights
High Netting, High Return Beachfront Management Rights
High Netting, High Return Beachfront Management Rights
High Netting, High Return Beachfront Management Rights
High Netting, High Return Beachfront Management Rights
High Netting, High Return Beachfront Management Rights
High Netting, High Return Beachfront Management Rights
High Netting, High Return Beachfront Management Rights
High Netting, High Return Beachfront Management Rights
High Netting, High Return Beachfront Management Rights

High Netting, High Return Beachfront Management Rights

$5,995,000

All properties are absolute beachfront and of a high standard: one complex consists of 42 units, the second consists of 24 units and the third a very near new complex consists of 50 units, and it should be noted there is still much more growth in this new complex to be enjoyed.

Key Features

  • Massive nett profit
  • Good Body Corporate salaries
  • 114 units in total and 100 in the letting pool
  • Two manager's units included: both consisting of 2 bedroom, 2 bathroom
  • Very little competition
  • Large catchment area
  • Long term agreements
  • Take over an easy to run fully staffed business
  • Room to grow

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR005003
Property Type: Management Rights
Region: QLD - Central
Suburb: Yeppoon
Sale Type: Management Rights - All
Net Profit: $950,000
Price: $5,995,000

Listing Agent(s)

Agent Feedback

 I was very impressed with Ian's close involvement with the whole contract, due diligence and settlement phases, which can be quite problematic at times if not handled carefully. Their knowledge, understanding of the process and contacts within the Motel industry are enormous and I look forward to working with both of them again in the future.

- Richard Arbon ARBON PROPERTY GROUP PTY LTD
Managing Director,
Arbon Property Group

Industry specialisation, a focussed approach and a lot of energy - Ian and his Resort Brokers team are delivering what the market they serve, needs.

- John Smith CEO, HORWATH HTL AUSTRALIA

Selling our Canberra property was a big step for us after 22 years. It was a complex ‘hybrid’ sale that involved management rights plus a large number of freehold units. It also hinged on gaining the agreement of many other individual owners to sell their units. Ian Crooks and Russell Rogers of Resort Brokers Australia handled what were lengthy negotiations with diligence, persistence and discretion. Their insight and knowledge of the market were invaluable in getting the deal across the line. At the same time, their patience and attentive service helped to smooth the whole process for us. Resort Brokers' expertise delivered a successful result for everyone involved.

- Jim Stanwell
Vendor,
Canberra Capital Executive Apartment Hotel