PROPERTY DESCRIPTION

Business was recently listed for $400,000 AND it can now be yours for $250,000 – ACT QUICKLY!

Body Corporate have approved, via an overwhelming majority, the separation of Caretaking and Letting Agreements from the Unit to assist the Managers, of over 15 years, to commence their well earned retirement.

If you need or want a home to live in ACT Now!

The 3 bedroom 2 bath room and 1 car Managers unit will shortly be placed on the market for over $1 million. (unit photos in this listing are those of the Ex – Managers unit)

NOW IS THE TIME TO MAKE YOUR OFFER – secure both the business and the unit – all written offers will be considered.

FACTS
• Body Corporate Salary of $59,044 plus GST (Increased by CPI each December)
• No Office or Office Hours
• Rentals as detailed below
• Sold as a “walk in walk out” going concern
• Ensure you have a Full Real Estate Licence to cover some external Rentals and to Sell Apartments for additional income
• 29 Units in the Sails Complex plus 4 external rentals
• Adjusted Net Profit expected to be a minimum of $140,000
• Potential that the 3 bedroom Managers unit could come into the rental pool

Sails Resort Golden Beach is a much loved holiday destination on the southern end of the Sunshine Coast with a high degree of repeat guests. The 3 lifts make it the perfect lifestyle for all guests and easy for the Management Rights Operators to manage. The property is suitable for people new to the industry and very attractive for an existing operator looking at expanding their current business without the need to buy another unit..

Ideally located providing owners and guests the ability to walk to all major local shopping centres and experience everything there is to love about Golden Beach, Caloundra and Kings Beach, all accessible from the adjacent Coastal Pathway.

The new owner will require a Full Real Estate Licence as the business includes a number of external rental managements. By having your Full Real Estate Licence you can then also be involved in the sale of units, something the existing manager has done as part of the Local Agent Onsite Team, a good way to assist your owners and secure an additional financial benefit as a result of your relationship building over the years.

Occupation Authorities are held providing the Managers with ample storage to run the business.

Being Sold on the Basis of the following units

• 8 Holiday Lettings (6 in Sails Complex 2 close by) plus
• 5 Permanent Rentals (3 in Sails Complex 2 close by)

Caretaking and Letting Agreements are current until 2 November 2040

For further information and to arrange your private inspection please contact Agent Chris Hinkly.