Management Rights Business with Apartment – Mission Beach, QLD

$ 720,000
Offers over $720,000 Considered -  includes Business + Apartment

Description

200m from the Beach – Income 22/23 $287K – Forward Bookings until 2024

Mission Reef Resort has been operating successfully as an accommodation provider since 2005. The business has traded steadily through COVID and continues to grow yearly. Offering a relaxed lifestyle just 200m from the beach, this excellent investment includes forward accommodation bookings through till 2024.

  • Total income $287,015.46 and Net profit $187,814.31
  • Excellent sea change lifestyle -Quiet residential area
  • Very easy to manage -No set office hours
  • Long caretaking agreement in place with supportive body corporate
  • Experienced reliable housekeepers in place
  • 2km from Woolworths Supermarket, 7km from Mission Beach township
  • Easily maintained tropical gardens, pool/BBQ area, spa, large carpark
  • Reservation system installed for ease of bookkeeping/accounting
  • Holiday and business/tradesmen bookings with Government accommodation contracts in place
  • Recently renovated Manager’s Apartment with 2-bedroom, 2-bathroom with new dishwasher, oven, rangehood and granite benchtops and 3 x Air conditioners
  • Private courtyard garden and clothesline -Reception office attached on title
  • All stock on hand for immediate takeover including vacuum cleaners, cleaning equipment and motel supplies
  • One week training with existing management plus ongoing phone support

Mission Reef Resort offers 3 separate buildings within the complex, each housing 5 x 2-bedroom apartments which can be dual key let (26 rooms available)

Easily run by one-person full time or a couple part-time, there is room for further growth by providing room service, breakfast, and happy hour platters.

Total Price: Offers over $720,000 Considered –  includes Business + Apartment

View on map / Neighborhood

Video

State

  • State: Queensland
Scroll to Top