Broadbeach, Queensland


Property Description

Business For Sale - COVID-19 Adjusted Short Term Letting - ID 8517 BL

- Management Rights For Sale
- Must Be Sold - Motivated Vendor
- Net profit adjusted for 2 years future income
- Perfect location, southern side of Broadbeach
- Long agreements with 21 years remaining
- Excellent Body Corporate and committee
- 30 unit complex with 21 in the letting pool
- Manager's salary of $49,645
- EzyRez trust accounting software
- Office attached and on title
- 2 bedroom, 2 bathroom manager's residence

The complex is located just a block from patrolled beach, short stroll to Gold Coast Convention Centre, Star Casino, Pacific Fair and Oasis Shopping centres.

Net Profit: $209,000 (Prior to Covid-19 adjustment)
Asking Price: $1,349,000
(Inclusive of manager's real estate)

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

Management Rights Broker
Phil Trimble

Property Summary

Business Snapshot

Price: $1,349,000 Net Profit: $209,000 Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $490,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: No
The manager's residence is a ground floor 2 bedroom apartment, 2 bathrooms, Air conditioning and allocated parking, There is also and exclusive use storage area for the manager

Complex Information

Complex Type: HolidayTotal Units in Complex: 30Total Units in Letting Pool: 21Holiday Units: 21Owner Occupy Units: 2Outside Agent Units: 5Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesSpa: YesBBQ Area: YesWIFI: Yes

Marketing Agent

Marketing Agency

MR Sales

Phil Trimble
MR Sales


Listing Tools

Property Map

Map Location ( get directions )

Broadbeach, Queensland 4218 Exact map location not provided

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