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: 21 Jul 2024 23:00:09

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: 2

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 51Total Units in Letting Pool: 20Owner Occupy Units: 21Lockup Units: 8Agreement Term Remaining: 24 years
Marketing Agent
Listing location
Gallery

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