PROPERTY DESCRIPTION

Single Operator looks after 3 business within 2 KM of each other. CALOUNDRA to KINGS BEACH.
No Real Estate to Purchase. Occupation Authority included for one Office.

Current Owners operates from long term rented 3 bedroom 2 bathroom accommodation located within 1 km of all businesses. This Rental Agreement can be transferred to purchaser if all 3 businesses are purchased. $400pw until July 2023. Toyota Work mate Ute can be included if required.

Live locally and enjoy everything Kings Beach and Caloundra has to offer. Great Beaches, restaurants, cafe’s, shopping centers, walking tracks and sporting facilities.

Business 1 – Kings Beach – Purchase standalone $375,000
Agreements to 2044, Occupation Authority over office, no set office hours, 22 Units with 6 Holiday lettings, BC Salary $43,480, Net Profit – Minimum of – $90,000
Business 2 – Kings Beach – Purchase Standalone $365,000
Agreements to 2034, No office, no office hours, 24 units, 7 Holiday lettings, 1 Permanent Let, BC Salary $46,633, Net Profit – Minimum of $90,000
Business 3 – Caloundra – Purchase Standalone $140,000
Agreements to 2030 for Caretaking and 2035 for Letting, No Office, no office hours, 27 units, no letting, BC Salary $41,114, Net Profit – Minimum of $40,000

Buy any 2 and save 5%
Buy all 3 and SAVE 10% – I.e. Total Purchase Price $800,000 at a Multiplier of approx. 3.6 times or if you like a 27.5% return on investment.
BONUS – TOYOTA WORK MATE INCLUDED – WALK IN WALK OUT

For More detailed information please contact the listing agent.