Nerang, Queensland

PERMANENT BY THE PARK

$1,295,000

Business Description

A fantastic opportunity awaits the incoming buyer to secure a solid business with a very stable income and a more than comfortable manager’s residence featuring 3 double bedrooms, 2 bathrooms, upstairs balcony with views to the river, 2 separate living areas and a large attached office. With a double garage and a private backyard, the manager’s residence ticks all the boxes.

The current managers have been there for 11 years and are now looking to move back to New Zealand. Set within picturesque grounds, this business offers a generous Body Corporate salary, a manageable workload, no set office hours, a pro-active Committee, and a history of regular top-ups.

Nerang is a popular letting location with very high demand and vacancies are rare. The location is excellent, being handy to the M1, and an easy walk to local schools, shopping and supermarket. Public transport including the train to Brisbane and tram to Broadbeach are within a short drive and Surfers Paradise and Broadbeach are just 15 minutes away by car.

This business is priced well, represents great buying at a multiplier of 3.75 and would suit both an experienced operator or someone new to the industry. Sellers are very genuine about selling so organise your inspection now.

Property Code: 1207

Business Summary

Managers Unit

Complex Information

Marketing Agent
Deborah Tilley
Deborah Tilley

Premier Business Sales

Premier Business Sales

Key Investment Insights

1. Stable income with a generous Body Corporate salary
2. Manager's residence with 3 double bedrooms, 2 bathrooms, and private backyard
3. Located in a popular letting location with high demand and rare vacancies
4. Easy access to transportation and nearby amenities
5. Pro-active Committee and history of regular top-ups
6. Priced well at a multiplier of 3.75
7. Suitable for both experienced operators and newcomers to the industry
8. Genuine sellers looking to move back to New Zealand
9. Picturesque grounds and well-maintained complex
10. No set office hours and manageable workload.
Listing location

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