Surfers Paradise, Queensland

Business For Sale - Surfers Paradise Management Rights - ID 8479 BL

$1,150,000

Property Description

- Budds Beach Riverfront
- Management Rights For Sale
- High rise holiday management rights
- Lovely presentation, riverfront location
- 14 units in the letting pool, all 2 bedroom & 2 bathroom
- Northerly aspect with views to Southport
- Family resort area with all amenities needed
- Close to beach, shops and restaurants
- No set office hours
- Heated pool, spa, sauna, tennis court, BBQ, Foxtel, Wi-Fi
- Contract cleaners in place
- Manager can have small pet with Body Corporate approval
- Would suit couple entering into the management rights industry. Comfortable 2 bedroom, air conditioned, manager's residence with glassed in back office and great covered entertainment deck.

Net Profit: $132,000
Asking Price: $1,150,000
(Inclusive of manager's real estate)

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

Management Rights Broker
Warren Oliver

Property Summary

Business Snapshot

Price: $1,150,000 Net Profit: $132,000 Remuneration / Body Corp Salary: $92,264Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $590,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
Two bedrooms, Two bathrooms, Other refurbishments underway, Big back office area and car space, Great enclosed entertainment / courtyard affording privacy for the managers

Complex Information

Complex Type: MixedTotal Units in Complex: 56Total Units in Letting Pool: 14Holiday Units: 9Permanent Units: 5Owner Occupy Units: 26Outside Agent Units: 10Lockup Units: 3Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 8 yearsPool: YesSpa: YesSauna: YesTennis Court: YesPay TV: YesWIFI: Yes
Marketing Agent
Warren Oliver
Warren Oliver

Listing location
Gallery

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