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DealProspect/Listings/Hospitality & Tourism

Management Rights, Ormiston

Management Rights

ActiveHospitality & TourismQueenslandB2B & B2C
Asking price
$1,180,000
Disclosed · AUD
Revenue (est.)
~$554,316
Estimated · comparable listings of this type and size
Net Profit
$138,191
Implied multiple
8.5×
asking / earnings
Brief
  • Rare low-set, freestanding three-bedroom manager's residence with office
  • Fully topped-up 10-year caretaking and letting agreements
  • Offered at an attractive 2x multiplier
  • Easily run business with only six units in the letting pool
  • Resort-style grounds with pool, water feature and landscaped gardens
  • Near Ormiston train station, Ormiston College and the Stradbroke Island ferry