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Iconic Surfers MR Business. Your chance to secure a piece of Paradise | Resort Brokers ID : MR008326
Offers Over $1,550,000
Resort / Holiday Management Rights, SURFERS PARADISE QLD
ResortBrokers presents a unique opportunity to acquire a prestigious Surfers Paradise high-rise, uniquely positioned on the Nerang River.
This iconic Gold Coast gem offers a blend of business growth potential and lifestyle features, including a private boat ramp, jetty, resort-style amenities, and proximity to top attractions.
With an attractive caretaker salary, robust sinking fund, and low-maintenance property, this is an ideal investment for those seeking a flexible lifestyle and financial growth.
- Prestigious Surfers Paradisehigh-rise, uniquely positioned on the Nerang River.
- Attractive $120k + body corporate salary.
- Strong total ROI.
- Resort-style amenities including private boat ramp, jetty, pool, spa, sauna, gym, and barbecue area.
- Robust sinking fund exceeding $850K, backed by a progressive body corporate.
- Low-maintenance gardens and common property, complemented by over 300m2 exclusive use storage and attached office.
- Management team recognisedwith an ARAMA TopManagement award.
- Ideal for business operators seeking a flexible lifestyle, financial growth, and security.
- Inspection by appointment only.
Date updated: 18 Dec 2024 22:00:01
More Information
- Total Purchase Price: Offers Over $1,550,000
- Net Income: $ 205,559
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 800,000
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.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?