Burleigh Heads, Queensland

Beachside Business in Burleigh Heads! - ID 9108

$1,255,000

Business Description

Permanent Management Rights for Sale

MR Sales is pleased to market this Burleigh Heads Management Rights, a resort-style, beachside business with plenty of potential.

A mere 100m to the beach and a short stroll to some of Burleigh Heads best cafés and restaurants, the complex offers prime location and resort-style facilities. With no set office hours and minimal caretaking duties, this business truly embraces the Gold Coast lifestyle. You also have the flexibility to reside off-site, allowing an approved nominee to occupy the manager's residence.

Features

- No set office hours.

- Low maintenance and easy to manage.

- Solid Body Corporate salary of $72,000

- Accommodation agreement with 16 years remaining.

- Opportunity to grow letting pool – 16 outside agents.

- Located 100m from the beach in the highly desired Burleigh Heads.

- Perfect business for first-time operators or experienced managers looking for a lifestyle focused change.

Net Profit: $69,123
Asking Price: $1,255,000
(Inclusive of manager's real estate priced at $1,045,000)

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

Management Rights Broker
Ben Lynn

Property Code: 718

Business Summary

Business Snapshot

Price: $1,255,000 Net Profit: $69,123 Remuneration / Body Corp Salary: $72,211

Managers Unit

Value of Managers Apartment: $1,045,000Bedrooms: 2Bathrooms: 2Car Spaces: 3Office: On Title
Ground floor location, 2 bedrooms, 2 bathrooms, well appointed kitchen, spacious living/dining area, air conditioning, private balcony, attached office on title, secure basement parking for 3 vehicles, large storage area

Complex Information

Complex Type: PermanentTotal Units in Complex: 36Total Units in Letting Pool: 4Owner Occupy Units: 15Outside Agent Units: 16Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 16 yearsPool: YesGym: YesBBQ Area: Yes
Marketing Agent

Key Investment Insights

1. Prime location near the beach and popular cafes and restaurants in Burleigh Heads.
2. Resort-style facilities and easy to manage with no set office hours.
3. Low maintenance and minimal caretaking duties.
4. Solid Body Corporate salary of $72,000.
5. Accommodation agreement with 16 years remaining.
6. Opportunity to grow the letting pool with 16 outside agents.
7. Perfect business for first-time operators or experienced managers looking for a lifestyle change.
8. Net profit of $69,123.
9. Manager's real estate included in the asking price of $1,255,000.
10. Ground floor manager's apartment with 2 bedrooms, 2 bathrooms, and attached office on title.
11. Complex has a total of 36 units with 4 in the letting pool, 15 owner-occupied units, and 16 units managed by outside agents.
12. Accommodation agreement with a term of 25 years and 16 years remaining.
13. On-site amenities include a pool, gym, and BBQ area.

Management Rights Multiplier: 3.04
ROI Estimate: 32.92%

Listing location

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights, Resorts For Sale

You may also like

Burleigh Heads - Permanent MR complex
Ras360
Burleigh Heads - Permanent MR complex

BURLEIGH HEADS

Under Contract / Offer

Net Income: $140,000
Managers Estate: $800,000 3 Bed 2 Bath
Letting Pool: 58
Remuneration: $93,658

EXCITING LEASEHOLD OPPORTUNITY - 1942ML
INVESTMENT OPPORTUNITY IN A HIGHLY PROFITABLE MOTEL - 1942MI
A Motel Business That Shines Bright Like a Diamond - 452ML
Highly desirable Caretaking-Only absolute beachfront
Business Only - $188,740 Net Profit - ID 9185
Business Only with High Stable Salary - ID 9184
Regional Gaming Venue with Exceptional Features - 130HF
Permanent GEM in Eight Mile Plains - Brisbane Southside Central
Rare Opportunity: A Thriving Hospitality Gem - 2862MF
Two highly profitable Quest Apartment Hotels in Bendigo.  | Resort Brokers ID : LH008587
the first of three business-only's with another 400+ units under construction  | Resort Brokers ID : MRB008606
Exceptional MR in Booming Northern Corridor - Net Profit $566K @ 5.95x | Resort Brokers ID : MR008602
Lifestyle Sunshine Coast Hinterland Retreat - 2177MF
Leasehold Motel, a standout in the West
Exciting Mixed Management Rights Opportunity in Eli Waters, QLD
Rare, large Caretaking-Only business For Sale – Benowa / Carrara Area
Unlock a Financial and Lucrative Lifestyle in Hervey Bay!
 The best investment in Toowoomba: a freehold 32-key motel on 11,043m² | Resort Brokers ID : FH008601