PROPERTY DESCRIPTION

BUSINESS WITH OR WITHOUT HOME!

STUNNING UNIT and MANAGEMENT RIGHTS $1,630,000 OR Management Rights only for $680,000

This Boutique Accommodation business is located opposite the beautiful Bulcock Beach and ever changing Pumicestone Passage and comes complete with a stunningly renovated Managers Apartment and office. The business consists of 11 apartments in the complex plus 3 others within 2 KM’s. Able to be managed by one person with part time Receptionist as demonstrated by current Owners who have one person working full time in a different industry. 3 years of financials demonstrate that the business has maintained its profitability despite the COVID 19 Pandemic.

This Type of Opportunity rarely presents itself!

The recently updated website with new photos and videos enhances this much sought after accommodation complex. Bookings by a high proportion of return guests is supplemented by a well managed online presence utilising third party online booking services. With the systems in place the buyer will be able to move straight in with little to worry about, simply learn the systems and work on developing the business further. Having your full real estate licence gives you the ability to further expand the rental business while also taking part in the sale of apartments to maximise your income.

With flexible office hours you have ample opportunity to relax in your beach side residence, fully renovated with all the modern necessities. The kitchen and living areas provide you with the perfect opportunity to lock the office and relax with family and friends. You will simply love the apartment, it really is a Home to be proud of.

If you think this will work for you please contact the listing agent and arrange your private inspection.

If you like what you see, the Owner is happy to sell the unit on a walk in walk out basis – ie. including all or some of the furniture and electrical items that you would like.

NET PROFIT: $167,652
CARETAKING AND LETTING BUSINESS (MR’s) includes 15 units under management and Body Corporate Salary of $26,300

Managers Unit
• Superior Beachfront location in the heart of Caloundra
• Fully Renovated with quality fixtures and fittings
• Open Plan Living area with water view across Pumicestone Passage
• Water facing balcony and courtyard
• Large kitchen with butlers pantry includes built in wine fridge
• Electrolux 2 door Fridge plumbed for water and ice
• Induction cooktop integrated with the range hood
• Integrated Microwave Oven
• Fisher Paykel Draw dishwasher
• Unique Calcutta marble 40mm bench tops with waterfall edge and splash back
• 2 pac cabinetry throughout
• Smart Life Technology incorporated with WIFI switches and power points
• Commercial grade curtains and shutters throughout the apartment
• Both bathrooms have frameless shower screens
• Shaving cabinets with LED strip lighting
• Electrolux front load washer and plumbed condenser dryer
The Office
• 2 pac cupboards
• seasoned Oak laminate benches
• separate apartment and office entries

Dimensions of Unit
• Living and office / reception – on title – 100smq : Balcony – on title – 13sqm : Courtyard – exclusive use – 60sqm : Car accommodation / storage – on title – 41sqm : Basement store – occupation authority – 8sqm : Total 222sqm

For for information or to discuss Management Rights in general please contact Local Agent Onsite Sales Manager Chris Hinkly