Surfers Paradise, Queensland

Easily Run Management Rights in Surfers Paradise – ID 9151

$775,000

Business Description

Permanent | Holiday Management Rights for Sale
River location with Upside Potential

- Office attached and on title.
- 19-year agreements with 5 yr. top due Dec 2024.
- No set office hours in agreements, contactable only.
- Vendor moving on after 11 years.
- 2 external rentals available, netting $11,684 (additional to advertised profit).
- Low workload, can be run by one person.
- Well-located, 10 min walk to the beach.
- 2 BR residence with enclosed courtyard.


If you are new to management rights, this is the complex for you. A secure business with long agreements, low workload, and growth potential. An enthusiastic new operator looking for a holiday business in Surfers Paradise will do very well here.

Net Profit: $73,531
Asking Price: $775,000
(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 Code: 866

Business Summary

Business Snapshot

Price: $775,000 Net Profit: $73,531 Remuneration / Body Corp Salary: $25,749

Managers Unit

Value of Managers Apartment: $540,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On Title
2-bedroom, 2-bathroom apartment attached to the office on title with a private courtyard off the living room.

Complex Information

Complex Type: MixedTotal Units in Complex: 16Total Units in Letting Pool: 7Owner Occupy Units: 5Outside Agent Units: 3Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 19 yearsPool: YesMarina Berth: Yes
Marketing Agent

Key Investment Insights

Key Insights:

1. Long agreements with 19 years remaining provide a secure business opportunity.
2. Low workload and potential for growth make this an attractive investment.
3. The complex is well-located, only a 10-minute walk to the beach.
4. The attached office on title adds convenience and value to the business.
5. The current owner has been in the business for 11 years and is now looking to move on.
6. The complex has 2 external rentals available, providing additional income.
7. The 2-bedroom, 2-bathroom manager's unit with a private courtyard is a desirable feature.
8. The complex has a mix of permanent and holiday rentals, providing a diverse income stream.
9. The current manager's net profit is $73,531, with potential for growth.
10. The asking price of $775,000 includes the manager's real estate.
11. This is a great opportunity for a new operator to enter the management rights industry in Surfers Paradise.

Management Rights Multiplier: 3.20
ROI Estimate: 31.29%

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights, Resorts For Sale

You may also like

Prime Beachfront Business with Huge Upside!
Ras360
Prime Beachfront Business with Huge Upsi...

SURFERS PARADISE

$680.000 - Business Only

Net Income: $121,750
Managers Estate: - - Bed - Bath
Letting Pool: 35
Remuneration: $79,514

Low-Maintenance MR in Southport Offering an Exceptional Work-Life Balance | Resort Brokers ID : MR008469
ResortBrokers
Low-Maintenance MR in Southport Offering an...

SOUTHPORT

$875,000

Net Income: $75,000
Managers Estate: $575,000 2 Bed 2 Bath
Letting Pool: 37
Remuneration: $67,270

Labrador Gem: Manage with Ease, Live the Dream!
Ras360
Labrador Gem: Manage with Ease, Live the...

LABRADOR

$100K MR & $550k Unit = Total $650K

Net Income: $54,748
Managers Estate: $550,000 2 Bed 1 Bath
Letting Pool: 28
Remuneration: $47,685

The Managers Unit Rented $355 Per Week, The Perfect Caretaking Only in Burleigh.
Ras360
The Managers Unit Rented $355 Per Week, The...

BURLEIGH HEADS

$130k MR & $650k Unit = Total $780k

Net Income: $36,204
Managers Estate: $650,000 - Bed - Bath
Letting Pool: 27
Remuneration: $36,204

Small Permanent Complex in Southport - ID 8381
MR Sales
Small Permanent Complex in Southport - ID...

SOUTHPORT

$875,000

Net Income: $75,000
Managers Estate: $575,000 2 Bed 2 Bath
Letting Pool: 38
Remuneration: $67,000

Retiring Seller - Owner Must Sell!
Ray White Commercial Gold Coast
Retiring Seller - Owner Must Sell!

CURRUMBIN WATERS

$900,000

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

...
RARE COASTAL LEASEHOLD MOTEL IN BOOMING HERVEY BAY
Freehold Caravan Park For Sale
Prime Beachfront Business with Huge Upside!
A Rare Investment Opportunity with Exclusive Zoning & Breathtaking Ocean Views! | Resort Brokers ID : MR008560
17 acres of Freehold Beachfront Caravan Park - 35 mins from Launceston | Resort Brokers ID : FH008562
Profitable Motel Investment Opportunity in Melbourne, Victoria!
Business Only, Nearly New Complex, Permanent MLR in Brisbane Southside
Leasehold Waterfront Motel Brand New Setup 5 Rooms Fully Licensed Restaurant and Gym
Acquire Popular MR Business - Long agreements with manageable duties | Resort Brokers ID : MRB008554
Premier High Net Holiday Business in supercharged Byron Bay market! | Resort Brokers ID : MR008547
Sought after Surfers Paradise MR offering balanced lifestyle and solid income | Resort Brokers ID : MR008415
Huge Income and Rare Opportunity - Student Accommodation MR Business in Brisbane
Section with Million Dollar Views
Established Cafe, Restaurant & Bar Business For Sale - Methven, Mt Hutt Village
A Boutique Tourism Opportunity on the West Coast
TENDER OPPORTUNITY – Verano-Noosaville CTS 32594 - Caretaking Management Rights
Tourist Mecca - Freehold Investment
A RARE TRIFECTA, WITH GREAT REWARDS - 1842ML