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DealProspect/Listings/Hospitality & Tourism

Management Rights, Labrador

Management Rights

ActiveHospitality & TourismQueenslandB2B & B2C
Asking price
$2,300,000
Disclosed · AUD
Revenue (est.)
~$932,824
Estimated · comparable listings of this type and size
Net Profit
$232,553
Implied multiple
9.9×
asking / earnings
Brief
  • Body corporate salary represents 83% of total net operating profit
  • 13 letting appointments with long-term tenants and high rental returns
  • Beautifully renovated two-bed, two-bath, two-car manager's residence
  • Long-term accommodation module with 23 years remaining
  • Pet-friendly complex with low-maintenance duties
  • No set office hours, contactable only