Main Beach, Queensland

Business For Sale - Main Beach Management Rights - ID 8645 BL

$1,600,000

Property Description

Management Rights For Sale

- 30 storey high rise with only 3 units per floor
- Just 1 unit in the letting pool, remainder are lock ups and resident owners
- Large salary of $142,000
- First class facilities including indoor and outdoor pools, spa, sauna, gym, full tennis court, putting green and more
- Magnificent reception area and no set office hours
- Across the road from the beach
- Brilliant location, close to Surfers Paradise and Tedder Ave
- This would suit semi retired couple looking for lifestyle with income

Beautifully maintained building with total security. Magnificent manager's residence of 2 bedrooms, 2 bathrooms, walk in robe to main, study or 3rd bedroom, modern kitchen with stone benchtops.

Net Profit: $163,000
Asking Price: $1,600,000
(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
Warren Oliver

Property Summary

Business Snapshot

Price: $1,600,000 Net Profit: $163,000 Remuneration / Body Corp Salary: $141,818Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,300,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: Exclusive Use
Beautifully appointed ground floor unit, 2 bedrooms, 2 bathrooms, Spacious open plan design, Office/study area which could easily be converted to a 3rd bedroom, Private outdoor area

Complex Information

Complex Type: PermanentTotal Units in Complex: 51Total Units in Letting Pool: 1Permanent Units: 1Owner Occupy Units: 21Lockup Units: 28Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 6 yearsPool: YesIndoor Pool: YesSpa: YesSauna: YesGym: YesTennis Court: YesBBQ Area: Yes
Marketing Agent
Warren Oliver
Warren Oliver

Listing location
Gallery

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