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MANAGEMENT RIGHTS FOR SALE SURFERS PARADISE - AWARD WINNING COMPLEX
$1,650,000
Resort / Holiday management rights, Surfers Paradise QLD
Prestigious management rights business for sale, offering breath taking panoramic views of the Pacific Ocean, Nerang River and the Gold Coast Hinterland.
The impressive, north-facing managers apartment features a beautifully renovated open-plan kitchen flowing seamlessly into spacious dining and lounge areas.
Perfectly positioned, the building provides easy access to the countless attractions of both Surfers Paradise and Broadbeach. This outstanding holiday management rights complex is ideally suited to first-time owner-operators, offering well-established systems and streamlined operations that have consistently delivered strong results.
- Comfortable two bedroom managers residence.
- Secure underground car parking for 2 vehicles.
- Gym and Sauna
- River Access with private boat launch.
- Supportive and proactive body corporate.
- New light rail on your doorstep
- Generous Body Corporate Salary
- Net Profit - $205,000* Approx
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More Information
- Total Purchase Price: $1,650,000
- Net Income: $ 205,000
(projected)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 850,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 3.9
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?