Management Rights, Ormiston
Management Rights
ActiveHospitality & TourismQueenslandB2B & B2C
Asking price
$1,180,000
Disclosed · AUD
Revenue (est.)
~$591,318
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
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