GOLD COAST REGION

Premium Gold Coast Management Rights Opportunity - With a $815k Net

Under Contract / Offer

Business Description

Hotel Resort Sales exclusively presents a rare chance to secure a high-performing management rights business in one of the Gold Coast’s most desirable coastal suburbs.

Comprising of 1, 2, and 3-bedroom self-contained holiday apartments, 40 of which are in the holiday letting pool, this business generates strong returns with a net profit exceeding $815K, including a $260K body corporate salary. It offers excellent long-term security with 19 years remaining on a 25-year agreement, plus the flexibility of no set office hours (currently operated under standard hours).

Backed by a highly supportive Body Corporate, the long-term managers (over 10 years) have streamlined systems in place, perfect for a seamless transition.

Guests enjoy premium resort facilities including:

• Heated indoor pool & outdoor resort pool
• Spa, steam room, tennis court & gym
• BBQ & entertainment areas
• Guest/resident lounge and free secure parking

Included in the sale is a beautifully renovated 2-bed, 2-bath manager’s apartment with high ceilings and a large courtyard, plus a spacious on-title office.

With 16 lockups and 3 outside agents, there’s genuine scope to grow the letting pool and boost returns even further.

This opportunity won’t last contact Craig today for more information.

Net Profit: $815,297

Property Code: 79

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $815,297 Remuneration / Body Corp Salary: $260,619Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,370,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
Spacious renovated 2 Bedroom, 2 Bathroom unit with high ceilings and courtyard, Carpark

Complex Information

Complex Type: HolidayTotal Units in Letting Pool: 40Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 19 yearsPool: YesIndoor Pool: YesSpa: YesSauna: YesGym: YesTennis Court: YesBBQ Area: Yes
Marketing Agent
Hotel Resort Sales

Hotel Resort Sales

Key Investment Insights

1. Rare opportunity to acquire a high-performing management rights business in a desirable coastal suburb of the Gold Coast
2. Strong returns with a net profit exceeding $815K, including a $260K body corporate salary
3. Long-term security with 19 years remaining on a 25-year agreement
4. Flexibility of no set office hours, currently operated under standard hours
5. Streamlined systems in place, perfect for a seamless transition
6. Premium resort facilities for guests including heated indoor and outdoor pools, spa, steam room, tennis court, gym, and BBQ areas
7. Beautifully renovated 2-bed, 2-bath manager's apartment with high ceilings and a large courtyard included in the sale
8. Potential for growth with 16 lockups and 3 outside agents
9. Highly supportive Body Corporate
10. Contact Craig today for more information.

Management Rights Multiplier: 6.00
ROI Estimate: 16.67%

Listing location
Gallery

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