Surfers Paradise, Queensland

Short Term Gem - ID 7838

$4,600,000

Business Description

Holiday Management Rights For Sale
On The Beach

- 64% of units in the holiday letting pool

- High net, 4 star complex

- Well run business with all systems in place

- Body Corporate salary of approximately $100,000

- Over 19 years remaining on agreement

- Excellent and supportive Body Corporate committee

- 3 bedroom, 2 bathroom manager's residence

- Reception on title

- Office opens 5.5 days per week, closed Sundays

Long standing managers wish to move on to their next business venture. This management rights business offers a prime location, high return clientele along with easy to maintain resort style facilities. Excellent option for either experienced operator or those wishing to enter into the management rights industry for the first time.

Net Profit: $520,000
Asking Price: $4,600,000
(Inclusive of Manager's Real Estate)

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

Management Rights Broker
Phil Trimble

Property Code: 924

Business Summary

Business Snapshot

Price: $4,600,000 Net Profit: $520,000 Remuneration / Body Corp Salary: $105,540

Managers Unit

Value of Managers Apartment: $1,600,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
Located on the ground floor, 3 bedroom residence, 2.5 bathrooms, Large balcony providing absolute beach and ocean views, Office and reception detached from residence and on title, Current valuation in place

Complex Information

Complex Type: HolidayTotal Units in Complex: 33Total Units in Letting Pool: 20Owner Occupy Units: 3Lockup Units: 9Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 20 yearsPool: YesBBQ Area: Yes
Marketing Agent

Key Investment Insights

1. Prime beachfront location with high return clientele.
2. Well-established and profitable business with a high net profit.
3. Majority of units in the holiday letting pool, providing a steady income stream.
4. Long remaining agreement term of over 19 years.
5. Supportive and proactive Body Corporate committee.
6. Fully equipped and well-maintained resort style facilities.
7. 3 bedroom, 2 bathroom manager's residence included in the sale.
8. Reception on title and office open 5.5 days per week.
9. Opportunity for experienced operators or first-time management rights buyers.
10. Manager's real estate included in the asking price.

Management Rights Multiplier: 5.77
ROI Estimate: 17.33%

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

Boutique Luxury Resort with 520k Net - Prime Beachfront Location
Hotel Resort Sales
Boutique Luxury Resort with 520k Net -...

SURFERS PARADISE

$4,600,000

Net Income: $520,000
Managers Estate: $1,600,000 3 Bed 2 Bath
Letting Pool: 34
Remuneration: $105,540

Only Supervisory Role, Salary High 400 K with Huge Income Upsize Potential - ID 8532
MR Sales
Only Supervisory Role, Salary High 400 K...

SURFERS PARADISE

Contact Agent

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

Exclusive Permanent Management Rights with Exceptional Body Corporate
Hotel Resort Sales
Exclusive Permanent Management Rights with...

SURFERS PARADISE

$4,530,000

Net Income: $447,270
Managers Estate: - 3 Bed 2 Bath
Letting Pool: -
Remuneration:

First time to market in over a decade! Easy-care high net profit permanent MLR  | Resort Brokers ID : MR008423
ResortBrokers
First time to market in over a decade!...

VARSITY LAKES

Under Contract / Offer

Net Income: $626,578
Managers Estate: $700,000 - Bed - Bath
Letting Pool: 108
Remuneration: $283,320

RARE GEMS  : Two-in-One Adjacent Permanent MR with Netting Over $500K in Beautiful Gold Coast
Onsite Management Rights
RARE GEMS : Two-in-One Adjacent Permanent...

CARRARA

$4,451,000

Net Income: $508,000
Managers Estate: $850,000 3 Bed 2 Bath
Letting Pool: 31
Remuneration: $365,000

Charming Historic Motel, Three Wings of Modern Rooms - 1183ML
Stunning Historic Freehold Opportunity - 2858MF
Huge Vendors terms, on the biggest park in Lakes Entrance
ICONIC HOLIDAY COMPLEX - RAINBOW BAY - $677 NET
Acquire a highly sought-after Freehold Investment Motel - Recently renovated | Resort Brokers ID : INV008402
Unparalleled Experience, A Once-in-a-Lifetime Opportunity - 2824ML
Modern Profile Caravan Park And Resort For Sale - 2625MF
Iconic Leasehold Hotel - 1P6236
7BR Home Where Exceptional Living Meets Coastal Beauty
The Sweet Life Of Country, A Stone's Throw To Greater Melbourne - 2849MF
Unlock Your Dream - Hervey Bay Beachfront Ownership Awaits
$50 K Price Drop & Easy Part Time Income - ID 9115
Iconic Hotel in Stunning Location - 1P6187
FREEHOLD Backpackers in Brisbane
Freehold Investment Opportunity Sale by Private Treaty
SE QLD Premier Permanent Management Rights
Waterfront CBD Location in Townsville - 30 Years on Lease
Exclusive - Two Adjacent Luxury Permanent Management Rights Complexes for Sale - ID 9174