Surfers Paradise, Queensland
Exclusive Permanent Management Rights for Sale - Gold Coast High Rise Resort - $447k+ Net Profit
$4,255,000
Business Description
Exceptional Resort Management Business in a premium Gold Coast Location with a net profit of $447,270. An outstanding opportunity to acquire a high-performing permanent management rights business in one of the most desirable lifestyle destinations on the Gold Coast. This high-rise resort complex offers exceptional facilities and a rare chance to secure a strong, consistent income.
Key Features:
● High Net Profit: Currently generating an impressive net profit of $447,270 with continued growth through CPI-linked increases.
● Strong Body Corporate Salary: One of the standout features of this business is the exceptional salary circa $40k per month net of GST providing excellent long-term security.
● Resort-Style Facilities: Residents enjoy access to resort amenities, including a resort-style pool/s, gym, BBQ areas, and more – all meticulously maintained.
● Spacious Manager’s Unit: Included in the sale is a beautifully appointed 3-bedroom apartment, offering generous living spaces and comfort in a truly stunning setting.
● Staffing: The generous profit and loss includes expenses for common area cleaning and a part time receptionist.
This management rights business is a perfect blend of profitability and lifestyle – live and work in one of Australia’s most iconic coastal locations.
Opportunities of this calibre do not present often, contact Craig today for full details.
Net Profit: $447,270
Property Code: 70
Business Summary
Business Snapshot
Price: $4,255,000
Net Profit: $447,270 Remuneration / Body Corp Salary: $472,162Body corp salary review: CPI Annually
Managers Unit
Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes3 Bedroom, 2 bathroom, Separate laundry, Large Courtyard, walk in robe, 2 Car Parks, Airconditioned, size approx. 165m2
Complex Information
Complex Type: PermanentTotal Units in Complex: 194Total Units in Letting Pool: 15Owner Occupy Units: 166Outside Agent Units: 6Lockup Units: 6Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 10 yearsPool: YesSpa: YesSauna: YesGym: YesTennis Court: YesGames Room: YesBBQ Area: Yes
Key Investment Insights
1. High Net Profit: The business has a strong net profit of $447,270, providing a solid and consistent income for the owner.
2. Premium Location: The business is located in one of the most desirable lifestyle destinations on the Gold Coast, offering a desirable and sought-after location for residents.
3. Strong Body Corporate Salary: The business offers an exceptional salary of approximately $40,000 per month net of GST, providing long-term security for the owner.
4. Resort-Style Facilities: The complex offers residents access to a range of resort-style amenities, including a pool, gym, and BBQ areas, providing a luxurious and comfortable lifestyle for residents.
5. Spacious Manager's Unit: The sale includes a beautifully appointed 3-bedroom apartment, providing a comfortable and luxurious living space for the owner.
6. Staffing: The profit and loss statement includes expenses for common area cleaning and a part-time receptionist, making it easier for the owner to manage the business.
7. Ideal Lifestyle Business: The business offers a perfect blend of profitability and lifestyle, allowing the owner to live and work in one of Australia's most iconic coastal locations.
8. Rare Opportunity: Opportunities of this calibre do not present often, making this a unique and rare chance to acquire a high-performing permanent management rights business.
9. Continued Growth Potential: The business has the potential for continued growth through CPI-linked increases, providing a secure and stable income for the owner.
10. Experienced Broker: The sale is being facilitated by an experienced broker, providing a smooth and professional transaction for the buyer.
