Management Rights, Redcliffe
Management Rights
ActiveHospitality & TourismQueenslandB2C
Asking price
$1,500,000
Disclosed · AUD
Revenue (est.)
~$643,887
Estimated · comparable listings of this type and size
Net Profit
$160,521
Implied multiple
9.3×
asking / earnings
Brief
- High body corporate salary with 22 years remaining on accommodation module agreements
- Manageable caretaking duties covering pool, gym and barbecue area
- No set office hours, offering flexible lifestyle management
- Spacious three-bedroom, two-bathroom residence with office on title, two balconies and two car spaces
- Requirement to live onsite, in a prime beachside position opposite Suttons Beach
- Upside to convert 12 externally managed units back into the letting pool
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