Management Rights, Hope Island

Management Rights, Hope Island — Hospitality & Tourism · Hope Island, QLD · Asking $900,000 · Profit $151,000+

Management rights over a near-new gated complex less than two years old with minimal facilities Letting pool of 13 townhouses in the high-demand Hope Island location Body corporate salary provides the majority of net operating profit, with CPI increases 23 years remaining on the accommodation module, with an engaged body corporate committee Office on title with no set office hours Low-maintenance…

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Management Rights, Hope Island

Management Rights

ActiveHospitality & TourismQueenslandB2C

Find funding for this deal →View original listing ↗

Asking price

$900,000

Disclosed · AUD

Revenue (est.)

~$646,128

Estimated · comparable listings of this type and size

Profit

$151,000+

Implied multiple

6.0×

asking / earnings

Brief

Management rights over a near-new gated complex less than two years old with minimal facilities
Letting pool of 13 townhouses in the high-demand Hope Island location
Body corporate salary provides the majority of net operating profit, with CPI increases
23 years remaining on the accommodation module, with an engaged body corporate committee
Office on title with no set office hours
Low-maintenance caretaking duties limited to pool, barbecue area and minimal gardens

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