Burleigh, Queensland

$1,814,285

Property Description

NORTH BURLEIGH COMPLEX- MANAGEMENT RIGHTS FOR SALE

Management Rights for sale of a strong performing well-established Complex, located in the iconic suburb of North Burleigh. This famous location is visited all year round by domestic and international tourists alike, catering for both the leisure and corporate markets.

Key investment highlights include:
• Strong performing Management Rights business with obvious upside potential to increase occupancy and profit
• Annual net profit of $329,870
• Close to key demand drivers including: restaurants, shops, Gold Coast Convention Centre, Cbus Super Stadium and Metricon Stadium
• Accommodation Module 21 years left
• Building Classification Three – allowing for a number of flexible options
• 72 units in the Complex
• 41 units in the Pool
• Spacious well-appointed two bedroom and two bathroom renovated Managers Unit
• Complex can easily be run by one person with minimal staff
• Low maintenance gardens and pool

Property Summary

Business Snapshot

Price: $1,814,285Net Profit: $329,870 Remuneration: $101,728

Managers Unit

Value of Managers Apartment: $450,000Bedrooms: 2

Complex Information

Hotel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Marketing Agent


Marketing Agency

CBRE Hotels

CBRE Hotels

CBRE Hotels

Chris Novak
CBRE Hotels

Phone

Listing Tools

This listing last updated: 19th September 2017

Property Map

Map Location ( get directions )

Burleigh, Queensland 4822 Exact map location not provided

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