Main Beach, Queensland

Business For Sale - Permanent Letting - Low Multiple - ID 8951 BL

$766,000

Property Description

Main Beach Permanent Management Rights
Owner Says "Sell"

- 27 unit complex with 6 in the letting pool
- Secure complex with intercom, fob access and CCTV
- 15 years remaining on agreements
- Body Corporate remuneration over $50,000
- Long standing manager's retiring
- Excellent Body Corporate and committee
- Easy to maintain complex
- Excellent facilities and well maintained
- Two bedroom, two bathroom open plan manager's residence, below market value
- Would suit semi retired couple or young couple with outside employment

Prime location in Main Beach, close to public transport, yacht club, surf club and Tedder Avenue. Easy access to light rail.

Net Profit: $60,611
Asking Price: $766,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Gold Coast management rights business for sale contact:

Management Rights Brokers

Gerard Dixon & Phil Trimble

Property Summary

Business Snapshot

Price: $766,000 Net Profit: $60,611 Remuneration / Body Corp Salary: $50,795Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $645,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
The residence is a 2-bedroom, 2-bathroom unit with a fully functioning kitchen, open plan living / lounge/ dining area, and wrap around balconies. Also features a patio looking out on to the pool and manicured gardens.

Complex Information

Complex Type: PermanentTotal Units in Complex: 27Total Units in Letting Pool: 6Permanent Units: 6Owner Occupy Units: 17Outside Agent Units: 3Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 15 yearsPool: YesSpa: YesBBQ Area: Yes
Marketing Agent
Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

Enjoy the Gold Coast life with this easy to manage complex
RAAS Property Group
Enjoy the Gold Coast life with this easy to...

1 / 16 Whitby Street SOUTHPORT

offers over $675,000

Net Income: $46,080
Managers Estate: $475,000 2 Bed 2 Bath
Letting Pool: 24
Remuneration: $32,343

PURE BUSINESS-ONLY MANAGEMENT RIGHTS OPPORTUNITY LOCATED IN INNER-CITY BRISBANE | Resort Brokers ID : MRB007330
ResortBrokers
PURE BUSINESS-ONLY MANAGEMENT RIGHTS...

SPRING HILL

$654,048

Net Income: $123,894
Managers Estate: - - Bed - Bath
Letting Pool: 21
Remuneration: $75,822

PERMANENT MANAGEMENT RIGHTS WITH THE ADDED BONUS OF AN OUTSIDE LETTING POOL | Resort Brokers ID : MR007342
ResortBrokers
PERMANENT MANAGEMENT RIGHTS WITH THE ADDED...

REDLYNCH

$910,000

Net Income: -
Managers Estate: $390,000 4 Bed 2 Bath
Letting Pool: 46
Remuneration: $78,392

THE BEST VALUE MANAGEMENT RIGHTS ON THE MARKET IN PORT DOUGLAS | Resort Brokers ID : MR007338
ResortBrokers
THE BEST VALUE MANAGEMENT RIGHTS ON THE...

PORT DOUGLAS

$790,000

Net Income: $142,135
Managers Estate: $320,000 2 Bed 2 Bath
Letting Pool: 17
Remuneration: $61,037

Business For Sale - Permanent Letting in Carrara - ID 9063 H
MR Sales
Business For Sale - Permanent Letting in...

CARRARA

$897,000

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: 1
Remuneration:

High-performing, permanent management rights lifestyle located north Gold coast | Resort Brokers ID : MR007317
ResortBrokers
High-performing, permanent management...

PACIFIC PINES

$790,000

Net Income: $39,850
Managers Estate: $650,000 4 Bed 2 Bath
Letting Pool: 35
Remuneration: $39,850

Marlborough's Golden Opportunity
Near New 12 Unit Motel Great Location
Bay of Islands Proven Performer
GREAT LITTLE PUB FOR ACTIVE COUPLE RETURNING ROI 48% - 88HL
Busy Motel
Blenheim: A Top Performing Motel in Great Location
Kaiapoi: The Only Motel in Town
Beautifully Presented and Instantly Appealing
Seaside Lifestyle - Good Performing Property
Popular Holiday Hotspot
Alexandra - Borders Open and Summer is Coming!
Affordable 5-Star Luxury Villas in Paradise
Hanmer Springs: 18 Modern Units with Good Lease
Location Well Presented Close to Riccarton Mall
Location and Scale in Napier
Excellent Buying - Eye Catching Motel
19 Unit Motel in the Heart of Wanaka
Enjoy the Benefits of Successful Franchise