Holiday Management Rights For Sale
Absolute Beachfront
- Lucrative Letting Pool: 18 of the 33 total lots are currently in the holiday letting pool.
- Strong Body Corporate Salary: Earn a base remuneration of over $122,000 (inclusive of GST).
- Supportive Committee: The complex features a proactive and approachable Body Corporate and committee.
- Efficient Operations: Uses the Resly property management system.
- Long-Term Security: Agreements have 20 years remaining.
- Manager’s Residence: Impressive, air-conditioned 3-bedroom, 2-bathroom ground-floor apartment with absolute beach and ocean views.
- Office & Reception: Dedicated office and reception area are on title and detached from the residence.
- Business Performance: Estimated net profit of $437,000.
- Lifestyle & Location: Iconic high-rise complex with direct beach access via a private, secure gate.
- Long standing managers wish to consolidate and move to their next business adventure.
- Premium Beachfront Appeal: Absolute beachfront location and resort facilities to attract consistent holiday guests.
- Tourist Destination: Provides guests quick access to the Pacific Fair Shopping Centre, casino, and major festivals.
- Revenue Opportunities: There is the potential to earn additional income through tour desk services and providing further services to owners and guests.
- Stable Business Model: This offering provides a unique blend of a highly stable business model in a sought-after area and a premium coastal lifestyle.
This is an exceptional opportunity. Holiday management rights are often viewed as an attractive income stream for those seeking both lifestyle and business opportunities. Because this business is priced based on a multiplier of its verified net profit, your operational management, such as enhancing the letting pool or optimising maintenance, is key to the business's ongoing success and potential value.
Net Profit: $437,000
Asking Price: $4,200,000
(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 Brokers
Ali Nasir & Michael Philpott
* View Virtual Tours 1 & 2 - located at the right hand side of the page.
Value of Managers Apartment: $2,100,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: OtherPets OK: Yes
The Manager’s Apartment is located on the elevated ground floor. It consists of 3 bedroom, 2.5 bathrooms (with spa) and is complimented by a large balcony providing absolute beach and ocean views. There is one allocated parking space plus a large storage cage.
The managers office and reception are detached from the managers apartment and are on title. The residence also offers direct access to the beach via a private, secure gate.
Complex Information
Complex Type: HolidayTotal Units in Letting Pool: 18Owner Occupy Units: 3Lockup Units: 11Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 20 yearsPool: YesBBQ Area: Yes
1. Absolute beachfront holiday management rights business with direct beach access through a private, secure gate.
2. 18 of 33 lots participate in the holiday letting pool, supporting an established accommodation operation.
3. Reported net profit of up to $470,000, alongside base Body Corporate remuneration exceeding $122,000 including GST.
4. Management agreements have 20 years remaining, providing long term operational security.
5. Impressive air conditioned three bedroom manager’s apartment offers ocean views, two bathrooms, spa and large balcony.
6. Detached office and reception areas are on title, supported by allocated parking and a large storage cage.
7. Proactive and approachable Body Corporate and committee support efficient ongoing operations.
8. Resly property management system provides established operational infrastructure.
9. Iconic high rise resort location offers pool, barbecue facilities, absolute beachfront access and proximity to Pacific Fair and the casino.
10. Additional income may be available through tour desk services and further services for owners and guests.
11. Long standing managers are selling to consolidate and pursue their next business venture.
Management Rights Multiplier: 4.47
ROI Estimate: 11.19%
