• Well established holiday business in beachside location
• Located 50 metres from the beach and only 15 minutes drive from Mackay CBD
• Easily managed, this complex has been run by the current owner for many years
• The managers real estate consists of a 3 bedroom unit, 2 x studio apartments (in the letting pool), Linen store room, office and Cleaning / Laundry room.
• Business comes with all Linen, cleaning equipment, washing machine, iron press etc.
• Facilities include a new pool, spacious grounds, barbeque facilities and half tennis court
• Priced to sell at only $635,000
• Body Corporate will give the purchaser a new 10 year contract with a 10 year Option
• Massive amounts of upside for a motivated operator
• Multiplier is only 1.5 times and the ROI is 12.4%
• Also available is the Spa Unit for only $160,000
• This region is about to take off again as the mining industry recovers from the downturn
• At the height of the boom Net Profit was $209K
• Don’t miss this opportunity as they don’t come this way often!