About the Business
Luxury Villa complex catering to higher end inbound tourism market. A unique opportunity as rarely can one acquire 4 luxury villas in a complete set, with many accommodation houses being singular and or provided at a lower level of guest experience in a market limited by supply.
Part of the Whitsundays, and in the heart of the Great Barrier Reef, Hamilton Island is one of Australia’s most spectacular and sought-after holiday destinations. On a holiday to Hamilton Island, you’ll be surrounded by pristine white beaches, and a kaleidoscope of coral and marine life. Hamilton Island is a perfect base for exploring the Great Barrier Reef and world-famous Whitehaven Beach.
Revenue
$600,000 pa
Rent
$0 pa
Expense
$280,000 pa
Net Profit
$320,000 pa
Potential
The Villa Complex has capacity to attract a greater share of International Torists and increase occupancy by another 12% in line with the overall occupancy rate on Hamilton Island. Demand on Hamiliton Island is anticipated to increase given recent government initiatives to further drive tourism to the area. The complex has flexibility of rooms, and can accommodate ( 2 x 4 bedrooms plus 2 x 3 bedrooms) or (4 x 3 bedrooms plus 2 x 1 bedrooms) or ( 1 x 4 bedrooms plus 3 x 3 bedrooms plus 1 x 1 bedroom suites)
Requirement Skills
Hotel management, customer service and marketing would be ideal skills needed to successfully manage the business. The owners employs outside contractors to perform the daily operations of the villa complex that include housekeeping, cleaning, repairs and maintenance, and outsources bookings to professional selling agents.
