Broadbeach, Queensland

Business For Sale - Low Rise Resort in Broadbeach - ID 8541 BL

$1,665,000

Property Description

Management Rights - Gold Coast
- 100m to Sandy Beach
- Management rights for sale
- 29 unit complex with 15 in the letting pool
- Accommodation module with 22 years left on agreements
- Easy run complex - no set office hours
- Two bedroom, open plan managers apartment with wrap around courtyard
- Excellent committee and Body Corporate
- Large office and reception attached to residence
- Lawns and gardens are minimal with large paved areas at entrance, BBQ and pool area
- Body Corporate salary of $51,868
- Located on the northern side of Broadbeach. Just a short walk to patrolled beach, Casino, Convention Centre and the sidewalk cafes of Broadbeach. The complex has a friendly atmosphere and is a must to inspect.

Net Profit: $200,714
Asking Price: $1,665,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Gold Coast management rights business for sale contact:

Listing Broker
Phil Trimble

Property Summary

Business Snapshot

Price: $1,665,000 Net Profit: $206,500 Remuneration / Body Corp Salary: $50,950

Managers Unit

Value of Managers Apartment: $620,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Pets OK: Yes
Refurbished apartment, Air conditioning, Ceiling fans, Security, Large wrap around patio with undercover entertainment area

Complex Information

Complex Type: HolidayTotal Units in Complex: 29Total Units in Letting Pool: 18Holiday Units: 18Owner Occupy Units: 8Outside Agent Units: 3Agreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: YesSpa: YesBBQ Area: YesPay TV: Yes
Marketing Agent
Listing location
Gallery

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