Management Rights, Maroochydore
Management Rights
ActiveHospitality & TourismQueenslandB2B & B2C
Asking price
$4,400,000
Disclosed · AUD
Revenue (est.)
~$2,666,731
Estimated · comparable listings of this type and size
Net Profit
$664,816
Implied multiple
6.6×
asking / earnings
Brief
- Management rights business in Maroochydore with 28 apartments in the letting pool, including 26 short-stay units
- Includes a one-bedroom manager's apartment
- Established, mature short-stay letting operation with recurring Body Corporate income
- Complex approximately six years old, reducing near-term capital works exposure
- Scope to improve returns through yield management, direct bookings and operational efficiencies
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