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DealProspect/Listings/Hospitality & Tourism

Management Rights, Mooloolaba

Management Rights

ActiveHospitality & TourismQueenslandB2B & B2C
Asking price
$3,200,000
Disclosed · AUD
Revenue (est.)
~$1,809,065
Estimated · comparable listings of this type and size
Net Profit
$451,000
Implied multiple
7.1×
asking / earnings
Brief
  • Income split between body corporate remuneration and letting income supports stability
  • Predominantly compact one-bedroom apartments favoured for holiday letting demand
  • Quality three-bedroom manager's residence with private courtyard and office
  • Recently renovated exterior with a contemporary beachside presence
  • Positioned near the beach and Mooloolaba Esplanade dining and retail precinct