Palm Beach, Queensland

CARE TAKING ONLY FANTASTIC LOCATION HEART OF THE SOUTHERN GOLD COAST

SOLD

Business Description

We are pleased to offer for sale the manager’s residence and associated management rights business of this fantastic property located in the rapidly growing Southern Gold Coast suburb of Palm Beach.

This is a fantastic opportunity for somebody to secure an extra income, with minimal work while living in the heart of the beautiful Southern Gold Coast. Perfect to support an existing wage or to enjoy semi-retirement in a fantastic location.

Currently caretaking only, this is an easy to run complex with current owners working approximately 10 hours per week. Although there are no units in the letting pool there is an opportunity to grow the business by securing units from outside agents and lockups.

The Manager’s residence is a fantastic 2 bedroom, 2 bathroom apartment with ocean views located only 50 metres from the beach and Surf Club and walking distance to shops, cafes and restaurants.

This one won’t last long. Book an inspection now.

Business Summary

Complex Information

Marketing Agent
Scott Saunders
Scott Saunders

    Key Investment Insights

    Key Insights:

    1. The business for sale includes the manager's residence and associated management rights of a property in Palm Beach, a rapidly growing suburb in the Southern Gold Coast.

    2. This is a great opportunity for someone to earn extra income with minimal work while living in a beautiful location.

    3. The current owners only work approximately 10 hours per week, making this an easy-to-run complex.

    4. While there are currently no units in the letting pool, there is potential to grow the business by securing units from outside agents and lockups.

    5. The manager's residence is a 2 bedroom, 2 bathroom apartment with ocean views, located only 50 metres from the beach and within walking distance to shops, cafes, and restaurants.

    6. The complex is located in a fantastic location, making it a desirable place to live and work.

    7. The business is currently caretaking only, but there is potential for the new owner to expand and increase income.

    8. The current owners are looking to sell, making this a time-sensitive opportunity.

    9. The complex is in a popular tourist destination, making it a potentially profitable investment.

    10. The business is ideal for someone looking to supplement their existing income or enjoy semi-retirement in a beautiful location.
    Listing location

    This Business is sold

    Listing Tools

    Management Rights

    Receive new listing alerts

    Sign up
    Similar Management Rights For Sale

    You may also like

    Business Only, Large Remuneration and 30% High Return Permanent Management Rights in Cleveland
    Next Business & Property Sales
    Business Only, Large Remuneration and 30%...

    CLEVELAND

    $548,000 Only Asking 3.5 times Permanent

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

    Exclusive - The Ideal 2nd Income Opportunity - Business Only - ID 9230
    MR Sales
    Exclusive - The Ideal 2nd Income Opportu...

    THORNLANDS

    $496,000

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

    The Simplest Business Opportunity in New Farm - ID 9229
    MR Sales
    The Simplest Business Opportunity in New...

    NEW FARM

    $558,000

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

    Easy-Care Business Only Operation | Brisbane Northern Corridor
    Ras360
    Easy-Care Business Only Operation | Bris...

    STRATHPINE

    Under Contract / Offer

    Net Income: $154,416
    Managers Estate: - - Bed - Bath
    Letting Pool: 38
    Remuneration: $78,839

    Mooloolaba Business Only MLR No Real Estate
    Calvin Bailey Management Rights
    Mooloolaba Business Only MLR No Real...

    MOOLOOLABA

    $550,000

    Net Income: $133,000
    Managers Estate: - - Bed - Bath
    Letting Pool: 18
    Remuneration: $50,663

    Business Only, Long Agreement and Great Remuneration MR in Capalaba Central
    Next Business & Property Sales
    Business Only, Long Agreement and Great...

    CAPALABA

    $403,500 / 4.3 Times Multiplier

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

    At Water's Edge — Bati Ni Wai Tui
    Mercure Port of Echuca
    Work 4 months out of the year - holiday the rest! | Resort Brokers ID : FH009234
    Absolute Beachfront Management Rights - $410k Net Profit, Ocean View Residence | Resort Brokers ID : MR009228
    Whitsunday Gateway Motel: 14 rooms, $323k avg profit, growth upside | Resort Brokers ID : FH009225
    Freehold Citrus Belt Caravan Park - 88 Sites, 19% Returns, Expansion Upside | Resort Brokers ID : FH009205
    Rare Established Hotel In Heart of Fortitude Valley
    AN ENTIRE UNIT COMPLEX IN THE HEART OF THE WHITSUNDAYS
    Fantastic growth opportunity with significant upside potential - 2908MF
    34 Key Sunshine Coast Leasehold Motel
    Caretaking Only Entry with Huge Multi Upside Potential - ID 8175
    Exceptional Business-Only - Kangaroo Point Permanent MLR - $400K+ NOP | Resort Brokers ID : MRB009222
    Rare Opportunity - Profitable - Prime Location
    Exceptional Brisbane Accommodation Business with Diverse Revenue Opportunities
    Business Only, Large Remuneration and 30% High Return Permanent Management Rights in Cleveland
    Whitsunday Coast Freehold Going Concern Motel
    A Truly Unique Noosa Eco-Retreat Opportunity | Short-Stay Zoned | Resort Brokers ID : MR009229
    Luxury Coastal Management Rights - ID 9227