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DealProspect/Listings/Hospitality & Tourism

Dual-Complex Management Rights, Cotton Tree

Management Rights

ActiveHospitality & TourismQueenslandB2B & B2C
Asking price
$1,700,000
Disclosed · AUD
Revenue (est.)
~$1,363,819
Estimated · comparable listings of this type and size
Net Profit
$340,000+
Implied multiple
5.0×
asking / earnings
Brief
  • Exclusive dual-complex, business-only opportunity in tightly held Cotton Tree
  • 197 apartments across both complexes with 40 units in the letting pool
  • Body corporate salary secures the majority of total income, indexed to CPI
  • 25 years caretaking and 19 years letting remaining on agreements
  • Modern, low-maintenance buildings with streamlined operations
  • Prime coastal position between the Maroochy River and the ocean