Burleigh Heads, Queensland

$1,495,000

Property Description

Business For Sale - Great Price, Great Location, Great Buy - ID 8215 BL

- Management Rights - Gold Coast
- Holiday Highrise at Fabulous Burleigh Heads
- PRICE REDUCTION TO 3.99 MULTIPLE
- Management rights for sale
- This business is priced to sell even in today's market
- Renovated three bedroom manager's residence
- Great business, has supported 2 families for the last 15 years
- Private walkway to the beach
- Lots of great facilities for holiday guests
- Highway exposure, buses pass the front door
- Extension approved recently to a full 10 years
- Large sinking fund
- All large maintenance works on the building have been done, nothing envisaged for the future
- Long term owners retiring
- Holiday management rights with current managers to retire after 15 years. Lots of repeat business. Rare 3 bedroom, 2 bathroom renovated residence with timber floors and patio.

Net Profit: $216,877
Asking Price: $1,495,000
(Inclusive of manager's real estate)

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

Listing Broker
Gerard Dixon

Property Summary

Business Snapshot

Price: $1,495,000 Remuneration / Body Corp Salary: $93,400Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $630,000Bedrooms: 3Bathrooms: 2Office: Exclusive UsePets OK: Yes
Rare 3 bedroom apartment, 2 bathrooms (ensuite to main), Air conditioning, Private courtyard for entertaining, Recently renovated kitchen, Timber flooring, Security car parking

Complex Information

Complex Type: MixedTotal Units in Complex: 62Total Units in Letting Pool: 22Holiday Units: 14Permanent Units: 8Owner Occupy Units: 21Outside Agent Units: 12Lockup Units: 6Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 10 yearsPool: YesSpa: YesSauna: YesGames Room: YesBBQ Area: Yes

Marketing Agent


Marketing Agency

MR Sales

Gerard Dixon
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Burleigh Heads, Queensland 4220 Exact map location not provided

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