Labrador, Queensland

Paradise found! Your Dream Business Awaits on the Gold Coast - ID 8122

$1,692,500

Business Description

Holiday Management Rights For Sale

Tired of the same old routine? Ready to escape to your own slice of tropical paradise? Look no further. This is where holiday dreams come true!

Prime Location: Nestled just a stone's throw away from the glistening Broadwater, this business offers the perfect blend of serenity and excitement. With the Gold Coast Highway at your doorstep and Surfers Paradise just a short 5 km away, convenience meets luxury in this sought-after locale.

Manager's Delight: Say goodbye to the 9-5 grind! With no set office hours in agreements, you'll have the freedom to live life on your terms. Plus, enjoy the perks of a spacious 2-bedroom manager's unit boasting a large patio – your own oasis in paradise.

Profitable Investment: Don't just buy a business; invest in your future. With a net profit exceeding $240,000, here is a lucrative opportunity for savvy entrepreneurs. And with a separate office for added privacy and efficiency, success is within reach.

Family Friendly: This is a business catering to families seeking unforgettable vacations, it is the ultimate destination. With amenities galore for the kids and convenient transport options right at the doorstep.

Ready to embark on your next adventure? Don't miss out on this incredible opportunity to own a piece of paradise on the Gold Coast. Make your dreams a reality. Paradise awaits – seize it now!

Net Profit: $255,000
Asking Price: $1,692,500
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Gold Coast Management Rights business contact:

Management Rights Broker
Gerard Dixon

Property Code: 760

Business Summary

Business Snapshot

Price: $1,692,500 Net Profit: $255,000 Remuneration / Body Corp Salary: $61,700

Managers Unit

Value of Managers Apartment: $650,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Pets OK: Yes

Well presented residence offering two bedrooms and two bathrooms, Air conditioned, Balcony along with a large patio area, Allocated parking for one vehicle, Pet permitted with Body Corporate approval.

Complex Information

Complex Type: MixedTotal Units in Complex: 42Total Units in Letting Pool: 22Owner Occupy Units: 19Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 18 yearsPool: YesSpa: YesBBQ Area: YesWIFI: Yes

Marketing Agent

Gerard Dixon

MR Sales

Key Investment Insights

1. Prime location near the Broadwater and with easy access to Surfers Paradise
2. Manager's unit with no set office hours and a spacious 2-bedroom layout
3. Profitable investment with a net profit of over $240,000
4. Family-friendly business catering to vacationing families
5. Opportunity to own a piece of paradise on the Gold Coast
6. Manager's real estate included in the asking price
7. Well-presented and air-conditioned residence with balcony and large patio area
8. Mixed complex with 42 units, 22 in the letting pool and 19 owner-occupied
9. Long 20-year agreement term with 18 years remaining
10. On-site amenities such as a pool, spa, BBQ area, and WIFI.

Management Rights Multiplier: 4.09
ROI Estimate: 24.46%