Tugun, Queensland

Business Caretaking Only in Tugun

$245,000

Business Description

Business-only management rights opportunity in Tugun, ideally suited to an existing operator looking to add a straightforward, low-maintenance complex to their portfolio. The complex is neat and tidy, with very little work required and only a pool to manage, making it an ideal add-on business without the need for a manager’s residence.

Conveniently located within a short stroll of local shops, cafes and Currumbin Bird Sanctuary, the position offers an appealing lifestyle setting close to everything Tugun has to offer.

With 16.5 years remaining on the agreements, this is a genuine quick-sale opportunity. The vendor is looking for a prompt result, so there will be no top-up of the agreements. A great opportunity for an existing operator to expand their portfolio with minimal additional workload.

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary

Business Snapshot

Price: $245,000 Net Profit: $56,597 Remuneration / Body Corp Salary: $56,597

Complex Information

Complex Type: PermanentTotal Units in Complex: 29Owner Occupy Units: 29Agreement Term: 25 yearsAgreement Term Remaining: 16 years

Marketing Agent

Kerrie Lush

0416 08....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. Asking price of $245,000, with reported net profit and body corporate remuneration of $56,597.
2. Caretaking only management rights for a permanent complex comprising 29 owner occupied units.
3. Neat and tidy complex requires very little work, with only a pool to manage.
4. No manager’s residence required, making this suitable for an existing operator expanding their portfolio.
5. Tugun location is a short stroll from local shops, cafes and Currumbin Bird Sanctuary.
6. Approximately 16 years remain on the agreements, with no agreement top up offered.
7. Vendor seeks a prompt sale, presenting an opportunity for buyers ready to proceed.