Large-Scale Management Rights, Varsity Lakes

Large-Scale Management Rights, Varsity Lakes — Hospitality & Tourism · Varsity Lakes, QLD · Asking $3,440,000 · Net Profit $464,157

208 total units, with 70 in the letting pool providing consistent income Additional upside with 31 units managed by external agents No set office hours Spacious three-bedroom, two-bathroom manager's residence with private courtyard Large, exclusive-use office for both sales and lettings Engaged and proactive body corporate

DealProspect/Listings/Hospitality & Tourism

Large-Scale Management Rights, Varsity Lakes

Management Rights

ActiveHospitality & TourismQueenslandB2C

Find funding for this deal →View original listing ↗

Asking price

$3,440,000

Disclosed · AUD

Revenue (est.)

~$1,861,841

Estimated · comparable listings of this type and size

Net Profit

$464,157

Implied multiple

7.4×

asking / earnings

Brief

208 total units, with 70 in the letting pool providing consistent income
Additional upside with 31 units managed by external agents
No set office hours
Spacious three-bedroom, two-bathroom manager's residence with private courtyard
Large, exclusive-use office for both sales and lettings
Engaged and proactive body corporate

More hospitality & tourism businesses for sale

Management rights businesses for sale in Queensland (146) →