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Don’t miss this fantastic opportunity to acquire one of the best management rights on the Sunshine Coast with a brand new fitout – state of the art Café/Bar & restaurant that is set to explode with corporate functions. Management Rights The Plantation Resort at Rainbow Beach on Queensland’s Sunshine Coast is a self-rated 5 star resort which proudly boasts 36 luxury units which are a mixture of two and three bedroom and all have two bathrooms with two of the large three bed units containing three bathrooms. The Plantation Resort is located right in the main street of Rainbow Beach only 100 metres from a patrolled beach. Rainbow Beach was nominated this year as the highest tourism growth town in QLD and the 9 highest in Australia. With at least 2 months this year up 100% on last year and with most months being above last year. Currently there is 31 out of 36 units in the letting pool with another one coming back to the pool shortly. The Plantation will always have a high number of units in the pool as most of the owners are investors that love Rainbow with no plans to sell so they can come here in quiet times to enjoy Rainbow. Manager’s Residence Manager’s unit is a comfortable 3 bedroom unit with a very large outdoor court yard with direct access to the reception area. Building Type 3 storey with lift and underground basement parking Number of Units 36 – 31 in the letting pool Terms of Agreement 22 years remaining as of 2016 Caretakers Agreement Expires in 2038 Pets permitted No Office hours Monday to Saturday 8.30am to 5pm Sunday 9am to 3pm Office Description Lovely counter that is lockable with a nice foyer and waiting area Software system Hirum Area of Land 328m2 (managers Unit) Extra Facilities Rooftop access for weddings Heated swimming pool Coffee Rocks Café & Bar NET PROFIT $334,644 PLUS CAFE BAR WITH 100K PER MONTH TAKINGS PRICE MANAGEMENT RIGHTS WIWO $1,500,000 MANAGERS UNIT $600,000 CAFE BAR $800,000

Category: Cafe, Bars and Nightclubs, Management Rights, Accommodation

Price: $2900000

State : Queensland

City : Rainbow Beach

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