Proudly supported by all of the industry's leading brokers
Lifestyle Waterfront Management Rights Business
Offers Over $1,550,000
Resort / Holiday management rights, Surfers Paradise QLD
Are you seeking a relaxed, lifestyle-oriented business with minimal working hours? Look no further than this management rights business which offers a unique opportunity to work office hours of Monday to Friday, from 9:30am-12:00pm.
Nestled on the picturesque Nerang River, in Surfers Paradise, this management rights business boasts stunning views from each of its two-bedroom, fully self-contained apartments, available in both permanent and holiday letting pools.
Resort-Style Amenities Include:
* Outdoor Pool & Spa
* Two Indoor Spas
* Sauna
* Gym
* BBQ Area
* Marina & Boat Ramp
* Secure Underground Parking
The current owners enjoy a marina berth for their boat at a modest cost of $25 per week. The supportive Body Corporate has a solid history of approving top-ups.
The manager's unit features a ground-floor apartment with 2 bedrooms, 1 bathroom, two courtyards, and two car spaces.
This business is ideal for a single operator or a couple seeking a balanced lifestyle. Call me today to discuss.
Net Profit: $205,559
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: $ 750,000
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?