Surfers Paradise, Queensland

UNDER CONTRACT - Stunning Gold Coast Location - ID 8299

SOLD

Business Description

Gold Coast Permanent Management Rights For Sale

Perfect Surfers Paradise Positioning

- No unit to purchase.

- Business netting $296,283 per annum.

- 30 permanent lettings with potential to expand.

- Opportunity to change to short-term stays.

- 30 rental storage sheds on title, plus office.

- Supervisory role and cleaning contract $57,000 per annum.

- Gardening done by Body Corporate seperately.

- New 10 year agreement.

Net Profit $296,283

Asking Price: $1,030,000 (All Offers Submitted)

(Inclusive of Manager's real estate)

For further information on this Gold Coast Management Rights business for sale contact:

Management Rights Broker

Ben Lynn

Property Code: 497

Business Summary

Managers Unit

Complex Information

Agreement Module: AccommodationPool: Yes

Marketing Agent

Ben Lynn

Mark McKay

MR Sales

Key Investment Insights

1. No unit to purchase, making it an affordable investment opportunity.
2. High net profit of $296,283 per annum.
3. Potential to expand with 30 permanent lettings.
4. Opportunity to change to short-term stays.
5. Includes 30 rental storage sheds and an office.
6. Additional income from supervisory role and cleaning contract.
7. Gardening done separately by Body Corporate.
8. New 10 year agreement in place.
9. Prime location in Surfers Paradise.
10. Managers unit included in the asking price.
11. Agreement module is "Accommodation".
12. Complex features a pool.