Management Rights, Airlie Beach
Management Rights
ActiveHospitality & TourismQueenslandB2C
Asking price
$1,675,000
Disclosed · AUD
Revenue (est.)
~$1,301,949
Estimated · comparable listings of this type and size
Net Profit
$324,576
Implied multiple
5.2×
asking / earnings
Brief
- Waterfront management rights on 3,902sqm of oceanfront land with 32 units, 21 currently in the letting pool (3 outside offering growth upside)
- Body corporate salary with a minimum 4% annual CPI increase provides inflation-protected income
- Long-term agreement security with over 22 years remaining
- Two-bedroom manager's residence with private courtyard, reception and double lock-up garage
- Located moments from Airlie Beach's restaurants, marina, shopping and attractions
- Strong occupancy of 70% with repeat guests and solid forward bookings
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