Surfers Paradise, Queensland

Location! Location! Location!!! Tick a lot of boxes!!!

Offers over $1,295,000

Property Description

Next to Nerang River, Park,300 m to Beach. 10-12 hrs per week. High and CPI yearly increase BC Salary of $100K, Plus Permanent/Holiday Letting income. Pre-Covid, Net income $191K and up.

It’s a Growth area and you may get this complex at a Good Rate. 2B2B Riverfront Unit, Weekly Rental is $ 660 to $800 per week. Very Solid Letting Pool. Vendor says sell and moves onto next project.

3 mins walking to Beach, Broadbeach, and Light Rail/G:link

5 mins walking to Gold Coast CBD, Surfers Paradise

Manager’s Apartment is 110 sqms, 2 Beds 1Bath 2 Carparks, plus 1 study/computer room, and over 250 sqms exclusive use area.

Outdoor Pool, BBQ, GYM, SPA and Sauna.

Could be run by 1 experience person. Low Multiplier, Low Working Hours, High Stable BC Income, High BC Sinking Fund. Tick lots of boxes.

Bring your Boat or Jet ski for a Semi- Retired Lifestyle.

Property Summary

Business Snapshot

Price: Offers over $1,295,000 Net Profit: $136,640 Remuneration / Body Corp Salary: $100,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $685,000Bedrooms: 2Bathrooms: 1Car Spaces: 2Office: Exclusive Use
Manager’s Apartment is 110 sqms with over 250 sqms exclusive used area.

Complex Information

Complex Type: MixedTotal Units in Complex: 60Total Units in Letting Pool: 10Holiday Units: 2Permanent Units: 8Outside Agent Units: 3Agreement Term: 10 yearsAgreement Term Remaining: 9 yearsPool: YesSpa: YesSauna: YesGym: YesBBQ Area: Yes
Marketing Agent
Jill Chen
Jill Chen

Christchen Pty Ltd

Christchen Pty Ltd

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

Business For Sale - Permanent Letting in Surfers Paradise - ID 8572 BL
MR Sales
Business For Sale - Permanent Letting in...

SURFERS PARADISE

$1,330,000

Net Income: $140,224
Managers Estate: $600,000 2 Bed 2 Bath
Letting Pool: -
Remuneration: $91,279

FIRST TIME TO THE MARKET IN 20 YEARS WITH A LOW MULTIPLIER | Resort Brokers ID : MR007269
ResortBrokers
FIRST TIME TO THE MARKET IN 20 YEARS WITH A...

SOUTHPORT

$1,150,000

Net Income: $115,336
Managers Estate: $740,000 3 Bed 2 Bath
Letting Pool: 19
Remuneration: $78,197

New Caretaking Management Rights Building Portfolio $217,000 Salary | Resort Brokers ID : MRC007224
ResortBrokers
New Caretaking Management Rights Building...

SOUTHPORT

$1,260,000

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

Business For Sale - Quiet Location in Surfers Paradise - ID 8428 BL
MR Sales
Business For Sale - Quiet Location in...

SURFERS PARADISE

$1,320,000

Net Income: $156,944
Managers Estate: $610,000 2 Bed 2 Bath
Letting Pool: 50
Remuneration: $93,278

Gold Coast Management Rights Opportunity, the perfect work/life lifestyle | Resort Brokers ID : MR007195
ResortBrokers
Gold Coast Management Rights Opportunity...

SURFERS PARADISE

$1,150,000

Net Income: $104,668
Managers Estate: $675,000 3 Bed 2 Bath
Letting Pool: 44
Remuneration: $71,607

Permanent Management Rights in the heart of the Gold Coast. No Office hours and easy operation.
Off Market Group
Permanent Management Rights in the heart of...

53 Darrambal Street SURFERS PARADISE

$1,325,000

Net Income: $143,000
Managers Estate: $595,000 2 Bed 2 Bath
Letting Pool: 12
Remuneration: $88,620

Beautiful Scarborough Management Rights
Motivated Seller Seeking Genuine Offers
667ML - ABSOLUTELY BRILLIANT OPPORTUNITY
New leasehold motel opportunity in Dubbo NSW, with a 25 year lease | Resort Brokers ID : LH007293
Easy Care Permanent Management Rights Labrador
Beautiful North Side Complex
Business For Sale - Permanent Letting in Surfers Paradise - ID 8572 BL
Business For Sale - Easy to Manage Permanent Complex - ID 9059 BL
Royal Hotel, Corowa NSW - 1P0135
Business For Sale - Price Reduced - Kangaroo Point - ID 9004 BL
Mid North Coast Leasehold Motel – Price Reduction
Luxury Boutique Freehold Resort in Broome, western Australia | Resort Brokers ID : FH007284
Motel Traralgon - 1P5548
BIG BUSINESS IN BOOMING REDCLIFFE - NOP OF OVER $300K | Resort Brokers ID : MR007288
Brisbane's best run Management Rights complex with excellent returns | Resort Brokers ID : MR007287
Excellent 20 room motel with great returns and investment opportunity  | Resort Brokers ID : FH007289
1947ML - YOUR OPPORTUNITY TO PROSPER
Truly the Heart of Port Douglas