Spectacular Waterfront Resort - Strong Performer with Genuine Upside | Resort Brokers ID : MR008630

$1,549,000

Resort / Holiday Management Rights, Airlie Beach QLD

ResortBrokers is proud to present Shingley Beach Resort a standout Management Rights opportunity in the heart of Airlie Beach.

This high-performing waterfront resort delivers a rare combination of lifestyle and income in one of Queenslands most sought-after coastal destinations. Recent upgrades, steady occupancy, and strong forward bookings position this management rights opportunity for significant growth and upside potential.

The complex comprises 32 units, with 21 in the letting pool, and features two swimming pools, barbecue areas, an onsite caf, and a tour desk all designed to enhance guest experience.

The managers residenceis spacious and well-appointed, with direct access to reception and sweeping marina views.

With a supportive Body Corporate, a solid base of repeat clientele, and recent inclusion in the"Best of Queensland"program, this is a rare and timely opportunity for an astute buyer to secure a proven performer in a thriving market.

- Business Price: $894,000 (2.85x)
- Premier waterfront Management Rights with marina views.
- Cutting-edge booking system promising enhanced profitability.
- $10,300 additional income from two double lock-up garages (paid 12 months in advance)
- $24,000 new purpose-built housekeeping van improves operational efficiency
- Resort-wide door lock upgrade to Onity tap card system
- Included in Best of Queensland Experiences 2025– first time in the resort’s history
- Spacious 208m² manager’s residence with direct reception access
- Benefit from a supportive body corporate.
- High occupancy and strong forward bookings
- Prime location with easy access to local restaurants, shops and attractions in Airlie Beach.
- Inspection by appointment only.
Date updated: 20 May 2025 23:00:02

More Information

Financial Overview

Total Purchase Price: $1,549,000
Net Income: $ 315,400 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 650,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: undisclosed
_{Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.}

Letting Business

Letting Pool: 21
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 4
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 6
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 32
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 124,800
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 18 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: Mon - Fri 8:30am - 5:30pm, Weekend and public holiday 9am - 1pm
_{Required Office Hours}

Complex Features: Upgraded reception, Wi-Fi, conference/function room, two large swimming pools, undercover parking, barbecue area, onsite cafe, tour desk and private dining/boardroom.