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: $360,000
Large 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%

Listing location
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