Main Beach, Queensland
Price Reduced - $442,430 Net & $538,967 Salary - ID 8901
$2,600,000
Business Description
Gold Coast Permanent For Sale
Unlock Lucrative Business Opportunities and Increase Your Income
- Impressive net operating profit: $442,430
- Large body corporate salary: $538,967 plus GST with future CPI increase
- Very high percentage of Body corporate salary in total income.
- Office hours: Monday to Friday, 9:00 am to 2:30 pm
- Mobile phone contactable from 2:30 pm to 4 pm, Monday to Friday
- 9 outside agents and 60 lock-ups with huge growth potential.
- Numerous selling commission opportunities for income up-sizing.
- 10-year agreement which the seller will top-up to full term for the buyer with cooperative committee.
- Option to nominate someone to live on-site if business is under company control.
- Real estate package worth $360,000, including professional office, basement office, commercial kitchen, and garden shed.
- Super convenient location: restaurants and shops within 2 minutes' walk.
- Best high-end living area, close to the beach, shopping centre, and public transport.
- Peaceful and high-quality area on the Gold Coast
- Everything in good order and easy to handle.
- Tailor-made for high-return business seekers focused on making MORE money
Seize this golden opportunity today and secure your financial future! With a body corporate salary that forms a substantial portion of the business income, you can enjoy a stable and secured source of revenue, complete with a CPI increase. But that's not all. Imagine the immense potential for income up-sizing as you expand your rental pool and earn multiple substantial sales commissions. Opportunities like this don't last forever, so act swiftly to avoid any regrets. Don't wait another moment – make the decision that could change your life.
Multiplier only 5, What a Deal, What an opportunity!
Net Profit: $442,430
Asking Price: $2,600,000 Negotiable
For further information or to arrange an inspection of this Gold Coast Management Right business for sale contact:
Management Rights Broker
Bill He
Property Code: 610
Business Summary
Business Snapshot
Price: $2,600,000
Net Profit: $442,430 Remuneration / Body Corp Salary: $538,967
Managers Unit
Value of Managers Apartment: $360,000Large professional office with a modern reception area spanning approximately 20 square meters, a spacious basement office of about 40 square meters, a practical commercial kitchen covering 15 square meters, and a convenient garden shed spanning 20 square meters.
Complex Information
Complex Type: PermanentAgreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 9 yearsPool: YesIndoor Pool: YesSpa: YesSauna: YesGym: YesTennis Court: YesBBQ Area: Yes
Key Investment Insights
Management Rights Multiplier: 5.06
ROI Estimate: 19.75%
