Beach Resort Management Rights – QLD

Beach Resort Management Rights – QLD — Hospitality & Tourism · Queensland · Asking $650,000

Management rights over 14 of 19 self-contained, 2-bedroom townhouse units in an absolute beachfront resort Body Corporate Agreement runs to 27 February 2038 with an option to extend Includes two offices, a 50-seat restaurant and bar, function room, two saltwater pools and spa Manager's unit recently renovated; all accommodation units fitted with new white goods and televisions Solar power and…

DealProspect/Listings/Hospitality & Tourism

Beach Resort Management Rights – QLD

Management Rights

ActiveHospitality & TourismB2C

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Asking price

$650,000

Disclosed · AUD

Revenue

—

Earnings (est.)

Typical multiple

Brief

Management rights over 14 of 19 self-contained, 2-bedroom townhouse units in an absolute beachfront resort
Body Corporate Agreement runs to 27 February 2038 with an option to extend
Includes two offices, a 50-seat restaurant and bar, function room, two saltwater pools and spa
Manager's unit recently renovated; all accommodation units fitted with new white goods and televisions
Solar power and solar hot water servicing the kitchen, offices, restaurant and manager's unit
First time the property has come to market, with high occupancy and further growth potential

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Listed

+1 in 30 days

Median asking

$870K

15 priced

Earnings multiple

2.9×

37 listings

Asking price spread15 of 21 state a price

This listing · $650K

40%

$100K–$250K$2.5M–$5M

Australia 25

Cafes 139 · Takeaways 108 · Automotive workshops 75 · Restaurants 75 · General retail businesses 59 · Manufacturing businesses 57

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