Surfers Paradise, Queensland

Riverfront and City Living!!

$775,000

Business Description

Riverfront and City Living!!

This complex has a fantastic location! Out of the hustle and bustle of Surfers, and set alongside the Nerang River, this complex is just a 5-minute walk from the heart of Surfers Paradise and Cavill Mall. It offers a swimming pool and free private parking.

Each of the air-conditioned apartments offers a well-equipped kitchen, laundry facilities and a spacious living area with a sofa suite and dining setting. Some apartments offer a balcony or backyard. There is also an outdoor BBQ area. Free Wi-Fi is also available. Images might not depict this complex.

With public transport close by one will rarely need to use your car as Pacific Fair, the Star Casino and the popular Broadbeach dining precinct are approximately 10 minutes away.

The manager's unit offers 2 bedrooms and 2 bathrooms, fully equipped and functional kitchen serving a dining and living area, with access to an on title office. Ample storage with one secure car park, and secure access to the building.

To arrange an inspection call: Gavin

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Business Summary

Business Snapshot

Price: $775,000 Net Profit: $73,500 Remuneration / Body Corp Salary: $25,700

Managers Unit

Value of Managers Apartment: $540,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On Title

Complex Information

Complex Type: HolidayTotal Units in Complex: 16Total Units in Letting Pool: 7Owner Occupy Units: 6Outside Agent Units: 3Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 18 yearsPool: YesBBQ Area: Yes
Marketing Agent
Gavin Mattig
Gavin Mattig

Gavern Property - Management Rights

Gavern Property - Management Rights

Key Investment Insights

1. Prime location alongside the Nerang River and just a 5-minute walk from Surfers Paradise and Cavill Mall.
2. Offers a swimming pool and free private parking.
3. Well-equipped apartments with air conditioning, kitchen, laundry facilities, and spacious living areas.
4. Some apartments offer balconies or backyards.
5. Outdoor BBQ area available.
6. Free Wi-Fi for guests.
7. Public transport conveniently located nearby.
8. Close to popular attractions such as Pacific Fair, Star Casino, and Broadbeach dining precinct.
9. Manager's unit includes 2 bedrooms, 2 bathrooms, and a fully equipped kitchen.
10. Ample storage and secure car park for the manager.
11. On-site office for easy management.
12. Disclaimer: Information provided is deemed accurate but prospective buyers should verify information themselves.

Management Rights Multiplier: 3.20
ROI Estimate: 31.28%

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 For Sale

You may also like

BUSINESS ONLY MLR- PROFITABLE, BLUE-CHIP PROPERTY IN PRESTIGIOUS MERMAID BEACH | Resort Brokers ID : MRB008735
ResortBrokers
BUSINESS ONLY MLR- PROFITABLE, BLUE-CHIP...

MERMAID BEACH

$750,000

Net Income: $130,000
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Exclusive and Stunning Permanent!!!
Gavern Property - Management Rights
Exclusive and Stunning Permanent!!!

SURFERS PARADISE

Under Contract / Offer

Net Income: $150,900
Managers Estate: - - Bed - Bath
Letting Pool: 12
Remuneration: $117,800

Leafy Part of Southport!!!
Gavern Property - Management Rights
Leafy Part of Southport!!!

SOUTHPORT

$822,500

Net Income: $81,000
Managers Estate: $575,000 2 Bed 2 Bath
Letting Pool: 12
Remuneration: $67,000

Opportunity For Active Equity Managers in Broadbeach - 56% Share
Hotel Resort Sales
Opportunity For Active Equity Managers in...

BROADBEACH

$919,187

Net Income: $270,000
Managers Estate: $1,060,000 2 Bed 2 Bath
Letting Pool: 39
Remuneration:

Premium Business-Only in Paradise
Ras360
Premium Business-Only in Paradise

SURFERS PARADISE

Under Contract / Offer

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: 94
Remuneration: $117,876

Premium caretaking business in the Gold Coast's hottest location | Resort Brokers ID : MRB008678
ResortBrokers
Premium caretaking business in the Gold...

CHEVRON ISLAND

$850,000

Net Income: $150,977
Managers Estate: - - Bed - Bath
Letting Pool: 94
Remuneration: $117,876

Central Otago Cromwell Built 2017 - Vendor Finance
AN OUTSTANDING BUSINESS IN A BEAUTIFUL PART OF VICTORIA - 2873ML
Mt Maunganui Magic
High Quality - Great Location - Investment
Exciting Management Rights Opportunity Available in Noosa
Unique Management Rights Opportunity Noosa
Supervisory Role, MOST Paid by Body Corp - ID 8532A
$200,000 NET, Vendors terms Multi business
Opportunity Knocks – It Has It All
BIRCH MOTEL
High-performing motel in Perth's eastern suburbs - Net Profit over $668,000 | Resort Brokers ID : FH008743
Your Dream Beachside Home and Profitable Business in Alexandra Headland | Resort Brokers ID : MR008745
Brisbane’s Best Business Only MLR – Dual Complex, Low Maintenance, High Returns!
Wellington Executive Lease
AN EXCELLENT OPPORTUNITY FOR NEWCOMERS TO THE INDUSTRY - 2774ML
Toowoomba Leasehold Motel Opportunity - 2006ML
15.43% ROI Business Only - $324K Net Profit, No Unit Purchase!
Leasehold Landmark Lords Hotel, sought after rare opportunity Offers Over $350,000 +sav