Surfers Paradise, Queensland
Holiday Management Rights Surfers Paradise
$2,195,000
Business Description
An opportunity exists for a savvy operator to capitalise on this long established Surfers Paradise Management Rights business. The current owner has been operating this since 2014.
Centrally located in Surfers Paradise, this Management Rights complex is situated in a prime tourist location. A popular spot for holiday visitors due to being a short stroll to Cavill Avenue, beach, shopping, cafes, restaurants and its accessibility to the tram line.
Offering a mix of one, two and three bedroom fully self-contained airconditioned apartments, all featuring a private balcony with either an ocean, mountain or river view.
With a supportive Body Corporate, this complex has just undergone a major refurbishment of their Tennis Court, Undercover BBQ area and Sauna/Public amenities area. Added to this is a newly installed intercom system. The complex also features a Pool, Spa, Gym and underground secure parking.
Included is a ground floor airconditioned managers unit comprising of two bedrooms, one bathroom, separate laundry, one car space plus four storage areas for management.
Much of the hard work has already been completed, however with 18 outside agents there is huge potential to grow this business even further!
Net Profit: $330,230
Property Code: 1185
Business Summary
Managers Unit
Complex Information
Key Investment Insights
1. Well-established Management Rights business with a long history of successful operation.
2. Located in a prime tourist location in Surfers Paradise, with easy access to popular attractions and amenities.
3. Mix of one, two, and three bedroom fully self-contained apartments with private balconies and views.
4. Supportive Body Corporate with recent major refurbishments and upgrades to facilities.
5. Ground floor air-conditioned managers unit with two bedrooms, one bathroom, and secure parking.
6. Potential for further growth with 18 outside agents currently involved in the business.
7. Net profit of $330,230, providing a solid return on investment.
8. Includes a range of amenities such as a pool, spa, gym, and secure underground parking.
9. Newly installed intercom system for added security and convenience.
10. Opportunity for a savvy operator to take advantage of the business's potential and continue its success.
