Surfers Paradise, Queensland

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

$1,330,000

Property Description

Management Rights For Sale
Great Chevron Island Location

- Modern apartment complex
- 2 offices on Occupational Authority
- No office hours in the agreement
- Accommodation Module with 22 years remaining
- Supportive committee
- Structured systems in place to manage business
- Easily managed by a couple
- Plenty of extra maintenance work available for both owners and Body Corporate
- Vendors love the industry and plan to purchaser a larger management rights complex

Great location, quiet yet close to shops and only a short walk to the beach in Surfers Paradise. With long agreements and a supportive committee, this is an ideal business for first timers to the industry.

Net Profit: $140,224
Asking Price: $1,330,000
(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
Gerard Dixon

Property Summary

Business Snapshot

Price: $1,330,000 Net Profit: $140,224 Remuneration / Body Corp Salary: $91,279Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $600,000Bedrooms: 2Bathrooms: 2Car Spaces: 1

The manager’s residence is a renovated and spacious apartment, offering two bedrooms, two bathrooms with a large patio area off the lounge. There is one allocated parking space for the manager.

Complex Information

Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesSpa: YesSauna: YesGym: Yes