analytics
Sold

MASSIVE PRICE REDUCTION OWING TO UNFORESEEN PERSONAL CIRCUMSTANCES

This holiday resort is a terrific location with just 15 lots in total and 11 in the letting pool. Every apartment is within 50 metres of the beachfront and it offers an idyllic and restful holiday destination for many who come to Magnetic Island for the true holiday experience.

- There is a choice of one or two bedroom accommodation for guests and all apartments are fully self-contained
- The resort also offers pool, spa and BBQ facilities with cable television and Wi-Fi service
- The standard module Body Agreements run to 2027 with the option for top-up
- Body Corporate salary is in excess of $43,000 reviewable annually in accordance with CPI

A business of this size is easily managed by a two person management team and when you see the manager’s apartment you will see the ideal set-up for the family or visiting friends and relations. The manager’s apartment is a spacious three bedroom, two bathroom apartment with views from the living area out over the bay. The office and guest reception is on title and has direct access from the apartment.

Net Profit $106,670 despite COVID

GENUINE OFFERS CONSIDERED

Suburb Horseshoe Bay
Price SOLD
Property Type Business
Property ID 447
Category Accommodation/Tourism

Quick Links

Agent Details

Premier Sales photo

Premier Sales

0432 144 822
View Profile

What our clients say

We highly recommend Craig Johnson from Premier Business Sales for his professionalism and honesty.  Knowing Craig personally through business for eighteen years prior to selling our share of...

Carolyn & Wayne - Talisman Holiday Apartments

Rob and I decided to sell our Managements Rights Business in Burleigh January 2023 and chose Craig from Premier Sales to be our agent.   So glad we did! Craig and his team were always in contact...

Rob & Betty - Burleigh on the Beach

Thank you Scott so much for your incredible work and for your support through the Meridian Project from the beginning to the end. We are so appreciative of your work and for going way over and beyond helping...

Maggie & Mike Best

Craig Johnson recently completed the sale of our Management Rights at Albatross North, Mermaid Beach, Gold Coast.  From commencement to completion, it was a pleasure doing business with Craig (with...

Ross Given & Jac Pearman

With almost two decades working in Management Rights we have bought and sold several Management Rights through Jim Beard. We met Jim in 2013 and immediately were struck by his fresh, honest and professional...

Neil & Chrissy Simpson

Over the past 10 years we have bought and sold several businesses and David Rotheram has been our "go to" broker through it all.  He has consistently provided us with sound business advice and opportunities;...

Victor Crump and Dr Amanda Murfett