Surfers Paradise, Queensland

Business For Sale - Owner Says Sell - ID 8665 BL

$695,000

Property Description

Surfers Paradise Holiday Management Rights For Sale

- Medium rise building just a short walk to beach, cafes and restaurants
- Building exterior has recently been refurbished and looks great!
- Renovated 2 bedroom manager's residence

This would be an ideal business for anyone new to the industry. It is presently run by one person with some assistance on reception. Very stable business in a great location

Net Profit: $88,230
Asking Price: $695,000
(inclusive of manager's real estate)

For further information on this Gold Coast management rights business for sale contact:

Management Rights Broker
Gerard Dixon

Property Summary

Business Snapshot

Price: $695,000 Net Profit: $88,230 Remuneration / Body Corp Salary: $37,105Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $390,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: Exclusive Use
Renovated two bedroom manager’s residence offers a well equipped kitchen with open plan living, outdoor patio area, basement car parking is provided.

Complex Information

Complex Type: HolidayTotal Units in Complex: 17Total Units in Letting Pool: 10Holiday Units: 10Owner Occupy Units: 4Outside Agent Units: 2Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 7 yearsPool: YesBBQ Area: Yes
Marketing Agent
Listing location
Gallery

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