200m from the Beach – Many forward bookings – 2021 Income/Return $166k
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 January 2022.
- 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.
- 5km 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 2-bedroom, 2-bathroom manager’s apartment with new dishwasher, oven, rangehood and granite benchtops.
- 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.
Business $520,000 + Apartment $300,000 = Total Price $820,000