Surfers Paradise, Queensland

Surfers Paradise - Permanent - Sold & Settled - 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

Business Snapshot

Price: SOLD Business Value: $1,362,000

Complex Information

Agreement Module: AccommodationPool: Yes

Marketing Agent

Ben Lynn

MR Sales

Key Investment Insights

1. Prime location in Surfers Paradise, a highly sought-after area for tourists and residents alike.
2. No unit to purchase, reducing initial investment costs for the buyer.
3. Strong business netting $296,283 per annum, providing a stable and profitable income for the owner.
4. Potential for expansion with 30 permanent lettings and the opportunity to convert to short-term stays.
5. Additional income from 30 rental storage sheds on title and a cleaning contract.
6. Gardening responsibilities managed by the Body Corporate, reducing workload for the owner.
7. New 10-year agreement in place, providing long-term stability for the business.
8. Manager's real estate included in the asking price.
9. Experienced Management Rights Broker available for further information and support.
10. Complex features include a pool and an Accommodation Agreement Module.