Surfers Paradise, Queensland

Super High Return $315,000 – ID 9116

$1,990,000

Business Description

Holiday Management Rights for Sale
Reduced Workload - No Need to Live Onsite

- Do you want a high net income exceeding $315,000, achievable by investing just $1,990,000, which includes a spacious manager's residence?

- Do you want flexible working without set office hours?

- Do you want to live offsite to increase your earnings?

- Do you want the caretaking agreement you may have ever seen?

- Do you want Body Corporate to handle pool maintenance and security, with expenses covered by them?

- Do you want minimal lawn maintenance, eliminating the need for you to tow the garbage bin?

- Almost every box has been checked.

- Body corporate salary is $61,507 with CPI increase, plus GST.

- 25 years’ full term agreement; Holiday rentals with 12 in the letting pool.

- Very spacious manager’s residence with 2 bedrooms, 2 bathrooms, 2 security underground car spaces, large living area and beautiful courtyard.

Close to beach, public transport, park, shopping center in a very quiet and safe area.

Stop looking around, this is the one you can’t afford to miss.

Get it now or regret it for decades.

Net Profit: $315,000
Asking Price: $1,990,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Gold Coast Management Right business for sale contact:
Management Rights Broker
Bill He

Property Code: 713

Business Summary

Business Snapshot

Price: $1,990,000 Net Profit: $315,000 Remuneration / Body Corp Salary: $61,507

Managers Unit

Value of Managers Apartment: $780,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes
2 bedrooms, 2 bathrooms, spacious living area, serene courtyard, 2 secure underground car spaces.

Complex Information

Complex Type: HolidayTotal Units in Complex: 18Total Units in Letting Pool: 12Owner Occupy Units: 5Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 25 yearsPool: YesSpa: YesBBQ Area: Yes

Key Investment Insights

Key Features:


- High net income of $315,000 achievable with an investment of just $1,990,000, including a spacious manager's residence.

- Flexible working hours without set office hours.

- Option to live offsite to increase earnings.

- Favorable caretaking agreement.

- Body corporate handles pool maintenance and security, with expenses covered by them.

- Minimal lawn maintenance.

- Located in a quiet and safe area, close to amenities.

- 25 years' full term agreement with 12 units in the letting pool.

- Very spacious manager's residence with 2 bedrooms, 2 bathrooms, and 2 secure underground car spaces.

- Body corporate salary of $61,507 with CPI increase, plus GST.



Business Snapshot:


- Price: $1,990,000

- Net Profit: $315,000

- Remuneration/Body Corp Salary: $61,507



Managers Unit:


- Value of Managers Apartment: $780,000

- Bedrooms: 2

- Bathrooms: 2

- Car Spaces: 2

- Office: On Title

- Pets Allowed: Yes



Complex Information:


- Complex Type: Holiday

- Total Units in Complex: 18

- Total Units in Letting Pool: 12

- Owner Occupy Units: 5

- Manager Units: 1

- Agreement Module: Accommodation

- Agreement Term: 25 years

- Agreement Term Remaining: 25 years

- Pool: Yes

- Spa: Yes

- BBQ Area: Yes

Management Rights Multiplier: 3.84
ROI Estimate: 26.03%

Listing location
Gallery

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