Surfers Paradise, Queensland

Business For Sale - Absolute Beachfront Gem - ID 8270 BL

$2,001,600

Property Description

- Management Rights For Sale
- Holiday Resort With A Difference
- This is a solid and secure absolute beachfront building
- Excellent and proactive Body Corporate and committee
- Major building refurbishment nearly completed
- Every apartment has ocean views
- Very strong return clientele
- 3 bedroom, 2 bathroom manager's residence
- EasyRez Trust Accounting software
- All systems and procedures in place to facilitate handover
- Only 4 resident owners including the manager
- Standard module topped up every 2 years
- This complex is located on the border of Surfers Paradise and Broadbeach. The manager's salary is over $57,000. The complex is relatively easy to maintain and the light rail is only a short walk away.

Net Profit: $184,000
Asking Price: $2,001,600
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this management rights business for sale contact:

Listing Management Rights Broker
Phil Trimble

Property Summary

Business Snapshot

Price: $2,001,600 Net Profit: $184,000 Remuneration / Body Corp Salary: $57,824Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,100,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: Exclusive Use
Ground floor unit with fabulous beach views, Open plan living area, Air conditioning and ceiling fans, Plenty of storage

Complex Information

Complex Type: HolidayTotal Units in Complex: 30Total Units in Letting Pool: 13Holiday Units: 12Permanent Units: 1Owner Occupy Units: 3Outside Agent Units: 1Lockup Units: 13Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 10 yearsPool: YesSpa: YesSauna: YesBBQ Area: YesPay TV: Yes
Marketing Agent
Listing location
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