Main Beach, Queensland

Business For Sale - Mixed Letting Management Rights - Main Beach - ID 7843 BL

$1,160,000

Property Description

- Main Beach management rights for sale
- Holiday and Permanent Rentals
- 14 storey high rise at magnificent Main Beach
- 45 apartments with 10 of those in the letting pool
- Fantastic location, just 50 metres to the beach
- Ocean views from most apartments
- Lovely gardens, pool and BBQ area
- Tennis court, gym, sauna, CCTV, Foxtel, Wi-Fi and security parking
- Close to surf and yacht clubs, Marina Mirage and Seaworld
- Boutique holiday/permanent management rights located in Main Beach on the Gold Coast. Well run building with enthusiastic committee. Well presented two bedroom, air conditioned manager's residence with private courtyard and plenty of storage.

Net Profit: $119,000
Asking Price: $1,160,000
(Inclusive of manager's real estate)

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

Exclusive Management Rights Broker
Warren Oliver

Property Summary

Business Snapshot

Price: $1,160,000 Remuneration / Body Corp Salary: $88,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $660,000Bedrooms: 2Bathrooms: 1Office: On Title
Lovely two bedroom manager's residence, One bathroom, Air conditioned, Enclosed courtyard, Additional storage

Complex Information

Complex Type: MixedTotal Units in Complex: 45Total Units in Letting Pool: 10Holiday Units: 8Permanent Units: 2Owner Occupy Units: 19Outside Agent Units: 10Lockup Units: 5Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 8 yearsPool: YesSauna: YesTennis Court: YesBBQ Area: Yes
Marketing Agent
Warren Oliver
Warren Oliver

Listing location
Gallery

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