Main Beach, Queensland
A Prime Mixed Management Rights in the heart of Main Beach | Resort Brokers ID : MR008689
$3,600,000
Business Description
ResortBrokers is delighted to bring to market a prime business opportunity in the heart of Main Beach. This management rights business offers a 20-year accommodation module, ensuring long-term security. The complex features 83 apartments, 26 in the letting pool and resort-style amenities, including pools, a tennis court, a gym, a sauna, and a barbecue area. The manager’s residence is a modern three-bedroom apartment. With a net operating profit exceeding $470,000 circa and a 13% return on investment, this is an ideal opportunity for experienced operators or those eager to enter the industry.
- Prime location in the heart of Main Beach
- Resort-style amenities, including indoor/outdoor pools, barbecue area, tennis court, gym and sauna
- Convenient contactable hours; Monday to Friday 8.30am - 4.30pm, Saturday 9am-12 noon
- Spacious manager's residence: three bedrooms, two bathrooms, one car space, large patio and with separate office entry
- Net Operating Profit exceeding $470,000 circa
- 20-year accommodation module topped up in 2024
- Just one block from the beach
- Inspections are by appointment only
Date updated: 04 May 2025 23:00:06
Business Summary
Business Snapshot
Price: $3,600,000
Net Profit: $470,000 Remuneration / Body Corp Salary: $163,898
Managers Unit
Value of Managers Apartment: $1,100,000Bedrooms: 3Bathrooms: 2Office: On TitleComplex Information
Complex Type: PermanentTotal Units in Complex: 83Total Units in Letting Pool: 26Owner Occupy Units: 33Outside Agent Units: 10Lockup Units: 13Agreement Term Remaining: 20 years