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HOLIDAY UNITS - NORTHERN BEACHES OF MACKAY 630k

$ 630,000.00
Reference Number
2371
Title
HOLIDAY UNITS - NORTHERN BEACHES OF MACKAY 630k
Date business was established
1980
Business for
Sale
Additional information
Business features
  • Car Parking
  • Disable Access
  • Residential/Commercial
  • Signage
  • Est. Lease
  • Freehold
Additional information
Substantial Freehold including 1 x 3 bedroom apartment, 2 x furnished studio apartments AND business of holiday letting in this small boutique complex on the Northern Beaches of Mackay. Office and Commercial laundry/linen store are both on same title as apartments you will own. A sought after tourism hotspot adjacent to beautiful Blacks Beach. Catering for overnight stays through to longer holidays. Get paid to maintain the grounds and commission on holiday revenue from other units, as well as providing cleaning and laundry services. I have run the business on my own for past 10.5 years, no staff required. Netting around 100k (has been as high as $200k in the past). Offering for sale at a price to meet the market and opportunity for large capital gains (2010 valuation was $1.2M). There is an option to live on or offsite. I choose to live offsite in order to reap the reward of higher tariffs for holidaymakers in all three units. A great lifestyle, shops, restaurants and tavern close by and only 15 mins by car to the City. Business comes with 10 year agreements which can be topped up every few years back to 10 years. No owner occupiers, great resort facilities including a new mineral pool, BBQ facilities, tennis court and undercover parking. All reservation systems are established including siteminder channel manager, all linen, computer and everything in the office will be sold with the business. Walk in and start earning money from day 1. No accounts to chase as guests pay as they check in. A little gold mine with lots of potential to increase units in letting pool and perfect for someone new to the industry as I was when I purchased in 2006. We have a very active tourism body who promotes tourism in this beautiful part of Queensland and a friendly community of operators who help one another. There would be an option for new owner to rent the furnished home on the beachfront where I currently live and is only a walk across the street to get to work.
Annual Nett Profit
$ 100,000.00
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