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DealProspect/Listings/Hospitality & Tourism

Management Rights, Runaway Bay

Management Rights

ActiveHospitality & TourismQueenslandB2C
Asking price
$1,389,000
Disclosed · AUD
Revenue (est.)
~$529,033
Estimated · comparable listings of this type and size
Net Profit
$131,888
Implied multiple
10.5×
asking / earnings
Brief
  • Low-maintenance gated complex of 42 lots
  • Manageable letting pool of 13 permanent tenancies
  • Three-bedroom manager's residence with two bathrooms, powder room, two-car garage and office
  • Convenient access to Harbour Town, shopping centres and schools