Rainbow Bay, Queensland

Business For Sale - Under Contract - ID 8958

Under Contract / Offer

Property Description

- Management Rights For Sale
- Holiday Letting Plus Lifestyle
- Beautiful Rainbow Bay north facing holiday building
- 11 units in the letting pool of 2 & 3 bedroom configurations
- All units have beach views, either north or south
- Heated pool, BBQ, Wi-Fi, security parking
- Agreements through to 2040 and no set office hours
- Walk across the road to beach and surf club
- Close to Twin Towns and Coolangatta restaurants
- Recently painted building and new elevators
- Lots of repeat business
Long term managers retiring after 15 years. This business would suit couple looking for strong business with growth potential combined with lifestyle change. Refurbished 3 bedroom, 2 bathroom manager's residence with outdoor area and ocean views.

Net Profit: $138,000
Asking Price: $1,420,000
(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 Broker
Warren Oliver

Property Summary

Managers Unit

Complex Information

Total Units in Complex: 0
Marketing Agent
Warren Oliver
Warren Oliver

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

UNDER OFFER.  Management Rights Hervey Bay – 20% ROI - 1P2944MR
CRE Brokers
UNDER OFFER. Management Rights Hervey Bay...

TORQUAY

Management Rights $1,499,000

Net Income: -
Managers Estate: $400,000 3 Bed 2 Bath
Letting Pool: 35
Remuneration: $50,300

Caretaking only with unit
1853ML - A QUALITY MOTEL CLOSE TO MELBOURNE
5 Acres Of Beautiful Country To Live. Caravan Park For Sale.
2644ML - EXCEPTIONAL OPPORTUNITY MONEY MAKER $$ VERY PROFITABLE REFURBISHED LARGE LEASEHOLD MOTEL NORTH QUEENSLAND
Neat as a Pin in the Centre of Beaudesert! 1P5331M
New passive investment in a major coastal town | Resort Brokers ID : INV006829
Substantial leasehold motel in booming regional city | Resort Brokers ID : LH006813
BOUTIQUE MOTEL on the beautiful Mid North Coast
Eight Spence Motel -  1P5330
293CPF - FREEHOLD MIXED BUSINESS TOURIST PARK
Beachside Living at its Best! | Resort Brokers ID : MR006819
939CPF - FANTASTIC STARTER - BRUCE HWY FREEHOLD MOTEL AND CARAVAN PARK, MACKAY and BRISBANE HALFWAY STOP
Business For Sale - Highly Profitable in Holiday Hotspot - ID 9022 H
2509ML - FANTASTIC STARTER - CHEAP LEASEHOLD WITH UPSIDE
1031CPF - MONEY MAKING OPPORTUNITY RECENTLY UPGRADED
Don't miss out on this rare chance to secure an OTP management rights | Resort Brokers ID : OTP006655
Burleigh Heads Beauty with Scope to Grow | Resort Brokers ID : MR006814
EXCEPTIONAL & UNIQUE MIXED USE BUSINESS OFFERING ON STUNNING MORETON ISLAND!    | Resort Brokers ID : FH006812