Sold
Outstanding opportunity to take a high performing business to the next level
Absolute beachfront location, at the epicentre of the Great Southern Barrier Reef. This business will strike the soul with spectacular ocean views, breath taking morning sun rises from every balcony. This outstanding lifestyle business that delivers healthy returns with the potential to grow revenue even further, the vendor is looking to retire and 33 of the 64 units are with outside agents, which means an incoming manager has the opportunity to bring these back into the letting pool and subsequently grow the net profit.
Absolute beachfront location, at the epicentre of the Great Southern Barrier Reef. This business will strike the soul with spectacular ocean views, breath taking morning sun rises from every balcony. This outstanding lifestyle business that delivers healthy returns with the potential to grow revenue even further, the vendor is looking to retire and 33 of the 64 units are with outside agents, which means an incoming manager has the opportunity to bring these back into the letting pool and subsequently grow the net profit.
- Net profit
- $384K
- Asking $1,650,000
- Status
- Sold
The business at a glance.
- Opportunity to grow business as 23 units with outside agents
- 24 out of 25 years left on the agreements
- Business would benefit from a full time/hands on operator
- Motivated vendor
- Recent renovations of units to 4 star standard
- Spectacular beachfront location
- Property inspections are by appointment only
The asset, the manager unit, the location.
Yeppoon, QLD
Yeppoon, QLD
Talk to the broker.
Ask about similar properties
Marissa von Stieglitz
National Sales Manager & Tasmanian Specialist
0437 198 164
07 3878 3999
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