Management Rights For Sale
OUR COMMITTMENT - Resort Management
The majority of the listings on this site are exclusive to Glenn Millar and Resort Brokers. This allows us to ensure you that all information is up to date and these properties have been professionally presented, priced to meet the market and pass valuations. In dealing with us you can be assured of the best service and advice in the market today. Our vendors have entrusted us to handle the marketing of their impressive properties, based on our results and our testimonials from past sellers and buyers will attest to this. (See link on home page) We look forward to working with you in the future and meeting your needs.
Glenn Millar
Resort Brokers Sunshine Coast
Resort management sales specialists
Ref: 68 |
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| Region/Area: |
Kawana Island Sunshine Coast |
| Building Type: |
Low Rise |
| Complex Type: |
Permanent Letting/Residential |
| Net Income: |
$241,635 |
| Total Price: |
$1,900,000 |
| Status: |
AVAILALABLE |
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This stunning property is located on Queenslands exclusive Kawana Island and is arguably the most prestigious permanent complex on the coast. The complex features secure gated grounds,5 star facilities and is located close to shops and restaurants and the University of The Sunshine Coast
Long agreements and potential to grow the letting pool. Limited gardening
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Ref: 60 |
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| Region/Area: |
Agnes Water, Discovery Coast |
| Building Type: |
Holiday/Residential |
| Complex Type: |
Mid Rise |
| Net Income: |
$166,689 |
| Total Price: |
EXPRESSIONS OF INTEREST |
| Status: |
UNDER CONTRACT |
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Resort Brokers has been appointed to market the management rights and associated managers’ lot of the Agnes Waters Beach Club (receivers and managers appointed) under an expressions of interest campaign
The complex is located in the heart of Agnes Water and only minutes to iconic Town of
1770.The Resort opened in 2006 and was designed by highly awarded Guymer Bailey Architects and is currently been run by onsite managers appointed by the receivers. The net income to managers for the year ending August 2011 was $166,682.
The managers’ lot consists of a two bedroom ground level fully air]conditioned apartment with outdoor deck.
Featuring 36 luxury two bedroom self]contained apartments located only a minute’s walk
from Queensland’s northern most surfing beach and adjacent to shopping, cafes and restaurants. Mostl apartments have polished timber floors and quality finishes such as stone bench tops, stainless steel appliances and quality furnishings including large screen TVs in every room. Austar and DVD players. There is also a large balcony to every apartment with a BBQ. The Resort has safety box facilities, secure car parking, and full internet access. The spa and large BBQ area is overlooking the pool and is well appointed and located amongst well maintained gardens.
EXPRESSIONS OF INTEREST CLOSE ON FRIDAY 10th February 2012 |
Ref: 63 |
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| Region/Area: |
Cable Beach, Broome WA |
| Building Type: |
Low Rise Villas and Appartments |
| Complex Type: |
Holiday Resort |
| Net Income: |
$875,996 |
| Total Price: |
$4,753,984 |
| Status: |
EXCLUSIVE TO RESORT BROKERS |
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Resort Brokers have been appointed exclusive marketing agents for the sale of the management rights and associated real estate of the 54 apartment (62 key) resort complex known as the Frangipani Resort Broome.
Opened in 2006 and already showing returns close to $900k
- 100% in letting pool 100% investors
- No Owner occupation or permanent rentals permitted
The managers lot is available for purchase or lease arrangements
Detailed documentation is available to interested parties following completion of a confidentiality agreement
RESORTS OF THIS CALIBRE ARE RARE |
Ref: 62 |
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| Region/Area: |
Hervey Bay |
| Building Type: |
Mid Rise |
| Complex Type: |
Holiday/Corporate |
| Net Income: |
TBA |
| Total Price: |
EXPRESSIONS OF INTEREST |
| Status: |
Available Through Glenn Millar |
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JOINT VENTURE/ investment Opportunity
Our client has a very attractive joint venture entry price that essentially underwrites your security and return. Target to at least double your asset value in 5 years. The World class Ramada Hervey Bay has 44 dual key apartments, a triple key apartment and a managers lot totalling 91 keys. The facility has an onsite restaurant and two meeting rooms.
Our client is seeking a joint venture partner/total purchase The asset is operated under the Ramada Franchise.
Includes
- 20 dual key apartments with furniture packs
- 1 Triple key apartment, the managers lot and 2 furniture packs
- Management Rights - 100% of apartments in the letting pool
- Smokey Joes Cafe and Bar - seating 120
- 2 meeting rooms
- Stage 2 development land. DA approved for 26 dual and 2 triple key apartments
Offers for the purchase of all or part assets will be considered. A detailed information memorandum and full financial projections are available
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Ref: 55 |
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| Region/Area: |
Main Beach Gold Coast |
| Building Type: |
Hi Rise |
| Complex Type: |
Holiday |
| Net Income: |
$920,000 |
| Total Price: |
EXPRESSIONS OF INTEREST |
| Status: |
AVAILABLE |
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Ref: 22 |
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| Region/Area: |
Pelican Waters, Sunshine Coast |
| Building Type: |
Residential and Holiday Let |
| Complex Type: |
Villa and Apartments |
| Net Income: |
$193,000 |
| Total Price: |
$1,695,000 |
| Status: |
Available |
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The Complex is located Adjacent to The Greg Norman Golf Course in Pelican Waters a masterplanned estate with waterways and access to the ocean. This complex is immaculately presented and has a full range of resort facilities. Predominatly a Residental complex the managers have 17 apartments in the letting pool. There are no fixed office hours and the managers have weekends off. The large office could be used to run a small business from if required. It is fully set up to allow at least four workstations |
Ref: 45 |
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| Region/Area: |
Maroochydore Sunshine Coast |
| Building Type: |
Mixed Residential, Commercial and Retail |
| Complex Type: |
Mixed Use |
| Net Income: |
$630,000 |
| Total Price: |
EXPRESSIONS OF INTEREST |
| Status: |
UNDER CONTRACT |
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On offer is the management rights to the accommodation precinct and asset management services to the Sunshine Coast’s first true mixed-use development.
Emporio is the Sunshine Coast's only true mixed use development, featuring three residential buildings, four office/commercial buildings, providing 12,200 square metres of prime commercial space, restaurants and cafes. The development incorporates nine individual buildings based around a street called ‘Emporio Place' and is located right in the heart of Maroochydore.
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Ref: 33 |
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| Region/Area: |
Sunshine Coast |
| Building Type: |
Mid Rise |
| Complex Type: |
Holiday |
| Net Income: |
$445,000 |
| Total Price: |
$2,850,000 |
| Status: |
UNDER CONTRACT |
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This holiday complex comprises 4 buildings, having a total of 49 apartments over three levels + single level car park serviced by 8 lifts Facilities include reflective pool and water features, BBQ area and lower ground floors with retail shops.
N.B. The asking price is inclusive of a $30,000 residual value furniture package (3 apartments) with a owner buy back provision, and a Day Spa with a $30,000 Day Spa fit out.
On title, attached to managers apartment approx 21m² 3 bedroom, 2 bathroom air-conditioned apartment of approx 221m² floor area. The apartment has 3 car spaces on title and 5 exclusive use car spaces and 5 exclusive use store rooms.
Magnificent location opposite popular family beach, serviced by retail shops and restaurants offering the chance to grow a near new business perfectly designed for a family operation.
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Ref: 55 |
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| Region/Area: |
Shark Bay/Monkey Mia |
| Building Type: |
Villa and Apartment |
| Complex Type: |
Holiday Resort |
| Net Income: |
$307,000 |
| Total Price: |
$1,140,000 |
| Status: |
UNDER CONTRACT THROUGH GLENN MILLAR |
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BE PART OF RESOURCE RICH WA - SHARK BAY/MONKEY MIA
27% Return on Investment
Oceanside Village is a modern 3.5 star self contained waterfront resort located a short drive from Monkey Mia. The comple has 23 units, 22 in the rental pool the other being the managers three bedroom residence. Adjacent to the residence is an office, 2 double carports and a large storage area. The complex is beachfront most units have ocean views. there is a heated pool, BBQ area games room and guest laundry
The complex is well maintained with a solid sinking fund. The management fee is 55% of the net rentals, all major (capital) expenses are at the owners expense
FIRST TO SEE WILL BUY
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Ref: 77 |
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| Region/Area: |
Stewarts Bay, Tasmania |
| Building Type: |
Lodge/Resort |
| Complex Type: |
Holiday/Corporate/Conference |
| Net Income: |
$359,000 |
| Total Price: |
$1,240,000 |
| Status: |
Exclusive |
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Ref: 40 |
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| Region/Area: |
Tweed Heads/Coolangatta |
| Building Type: |
High Rise |
| Complex Type: |
Corporate/Holiday |
| Net Income: |
$810,000 |
| Total Price: |
$4,550,000 |
| Status: |
Available |
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The complex opened in 2008 features two towers comprising of 160 apartments, a large heated saltwater pool, spa, BBQ Pavilion, Convention Centre, and onsite public fitness centre . Acommodation consists of one ,two and three bedroom fully self contained apartments with spacious living areas, gourmet kitchens, full laundry facilities air conditioning and large shuttered balconies, with breathtaking views from higher levels apartments to harbour/river and ocean, Hinterland or over Coolangatta looking over bay to Surfers Paradise.
- Conference Centre Asking Price is $1m inclusive of approx $500k plant and equipment and forward bookings
- Management Rights and Apartment $4,989.000
- Client may consider retaining a shareholding or suitable trade options
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Ref: 70 |
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| Region/Area: |
Chancellor Village - Sunshine Coast |
| Building Type: |
Residential |
| Complex Type: |
Villas and Apartments |
| Net Income: |
$160,000 |
| Total Price: |
$1,052,126 |
| Status: |
EXCLUSIVE |
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This complex is located in Chancellor Village minutes from schools shopping and University of the Sunshine Coast. A two stage debelopment with stage one completred and stage two due to commence in April 2012 |
Ref: 61 |
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| Region/Area: |
Golden Beach, Sunshine Coast |
| Building Type: |
Hi Rise |
| Complex Type: |
Holiday Resort |
| Net Income: |
$238,520 |
| Total Price: |
$1,661,000 |
| Status: |
Available Through Glenn Millar |
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This complex is located in a highly sought after location on the waterfront side of the northern end of Golden Beach. The complex was fully painted two years ago and most apartments have been maintained and updated to high standards. All except on apartment has ocean views. The managers unit is very spacious and well appointed and has a private outdoor entertaining area. A portfolio of images of the managers apartment is available to interested parties
The body corporate salary has recently increased by $10k which has not been fully relected in the figures yet so thats a bonus for incoming managers.
This offering has been priced to meet the market at 4.7 times the net income representing great value for this type of asset which has increased in profitability every year for the past three years.
Another bonus is the managers have a tandem lockup garage plus another car space in the undercover car park and access to substantial storage - often missing in these complexes. |
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Management Rights for Sale - Cable Beach Broome |
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Letting:
Building Type: Villa and Apartment
Net Profit: $914,000 |
Location: Cable Beach Broome
Advertising:
Total Price: $3,092,000 |
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