Main Beach, Queensland
One of the Best... High Net, Mixed, Prime Beachfront Resort | Resort Brokers ID : MR008207
$4,430,500
Business Description
ResortBrokers presents an iconic Management Rights building in a prime beachside location.
This investment gem offers a renovated three-bedroom manager's residence, NOP $551,000, consistent occupancy rate over 65% and top-notch facilities.
Located in a trendy Gold Coast suburb with over 22 years remaining on the caretaking & letting agreements, this investment provides long-term security.
It's not just a property, it's a lifestyle and a successful business rolled into one.
- Located in one of the Gold Coast most sought-after suburbs.
- Manager's residence is a spacious, beautifully renovated three-bedroom, two-bathroom home.
- Solid occupancy rate with a large letting pool, ensuring consistant and strong returns.
- Steady income due to consistently high returns.
- Proximity to Gold Coast best features, Pacific Fair, Surfers Paradise & Marina Mirage.
- Long-term security with over 22 years remaining on the caretaking and letting agreements.
- Iconic management rights building metres from beach which has only changed hands twice in the past 25 years.
- Inspection by appointment only.
Date updated: 16 Mar 2025 22:00:05
Business Summary
Business Snapshot
Price: $4,430,500
Net Profit: $551,000 Remuneration / Body Corp Salary: $100,843
Managers Unit
Value of Managers Apartment: $1,400,000Bedrooms: 3Bathrooms: 2Complex Information
Complex Type: Resort / HolidayTotal Units in Complex: 48Total Units in Letting Pool: 20Owner Occupy Units: 15Outside Agent Units: 3Lockup Units: 8Agreement Term Remaining: 22 years