Management Rights And Residence Provide Both Lifestyle And Lucrative Returns

Business For Sale 58-62 Holland Street, Mission Beach, Queensland 4852

Business Category Bed and Breakfast Management Rights Motel Resort

$720,000

Description

Management Rights And Residence Provide Both Lifestyle And Lucrative Returns

Mission Reef Resort has been operating successfully as an accommodation provider since 2005. Offering a relaxed lifestyle just 200m from the beach, this excellent investment includes a strata title Manager's apartment.

The resort is currently operating at 82% occupancy, with regular government and tradesperson bookings all year. There are forward bookings until January 2025.
• Excellent sea change lifestyle -Quiet residential area
• Very easy to manage -No set office hours
• Long caretaking agreement in place with supportive body corporate
• Experienced reliable housekeepers in place
• 2km from Woolworths Supermarket, 7km from Mission Beach township
• Easily maintained tropical gardens, pool/BBQ area, spa, large carpark
• Reservation system installed for ease of bookkeeping/accounting
• Holiday and business/tradesmen bookings with Government accommodation contracts in place
• Recently renovated Manager’s Apartment with 2-bedroom, 2-bathroom with new dishwasher, oven, rangehood and granite benchtops and 3 x Air conditioners
• Private courtyard garden and clothesline - Reception office attached on title
• All stock on hand for immediate takeover including vacuum cleaners, cleaning equipment and motel supplies
• One week training with existing management plus ongoing phone support
Mission Reef Resort offers 3 separate buildings within the complex, each housing 5 x 2-bedroom apartments which can be dual key let (26 rooms available). A total of 13 apartments are in the holiday letting pool, and two owner occupied apartments (including managers apartment).

Easily run by one-person full time or a couple part-time, there is room for further growth by providing room service, breakfast, and happy hour platters.The resort is easily managed by a couple, and relief management is available for regular breaks away.
There is a pool and BBQ area, and easily maintained gardens.
Contact Seller
Dii Dunlop

Bsale ID: 634006
Broker REF: eagle_1347792

Three Keys Realty
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