Management Rights Business with Apartment – Mission Beach, QLD

Description

200m from the Beach – Income 22/23 $287K – Forward Bookings to 2026

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: $720,000 Open to Negotiation –  includes Business + Apartment