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DealProspect/Listings/Hospitality & Tourism

Waterfront Management Rights, Cotton Tree

Management Rights

ActiveHospitality & TourismQueenslandB2B & B2C
Asking price
$1,380,000
Disclosed · AUD
Revenue (est.)
~$1,065,447
Estimated · comparable listings of this type and size
Net Profit
$265,616
Implied multiple
5.2×
asking / earnings
Brief
  • Waterfront location in tightly held Cotton Tree near Maroochydore CBD
  • Newly constructed, high-end building still owned by the developer
  • Business-only acquisition with no real estate component and a strong ROI
  • Letting pool of 36 units with potential to grow by recapturing external agents
  • Majority of income derived from body corporate salary, providing predictable cashflow
  • Suited to established operators or newcomers entering management rights