Burleigh Heads, Queensland

BURLEIGH PARADISE - PERMANENT MANAGEMENT RIGHTS | Resort Brokers ID : MR007710

$1,295,000

Business Description

Five minutes from the 'buzz' of Burleigh Heads, Tallebudgera Cove is nestled in a quiet corner of West Burleigh, situated along the banks of tranquil Tallebudgera Creek.

This is a fantastic business opportunity with long 23-year agreements, no requirement to live on-site, no office hours and plenty of potential for further upside.

This impeccably maintained, easy-to-manage, permanent complex is perfect for the first-time operator or as an add-on business for those looking to grow their portfolio.

- 23 years left on agreements
- Flexible lifestyle with no set office hours or requirement to reside onsite
- Further income via rentingoutmanager's residence - $20k plus
- Upside potential to grow the letting pool by converting outside agents
- Impeccably maintained grounds and facilities
- Easy to manage complex perfect for first timer or add-on business
- Sought after West Burleigh location backing onto Tallebudgera creek
- Spacious 3 bed, 2 bath, 5 car manager's residence
- Extremely positive BC committee & community of owners
- Property inspections are by appointment only
Date updated: 12 Jun 2024 23:00:03

Business Summary

Business Snapshot

Price: $1,295,000 Net Profit: $139,397 Remuneration / Body Corp Salary: $130,000

Managers Unit

Value of Managers Apartment: $750,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 58Total Units in Letting Pool: 18Owner Occupy Units: 18Outside Agent Units: 5Agreement Term Remaining: 20 years
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