Management Rights For Sale Burleigh Heads - 4498

Burleigh Heads, Queensland

$2,595,000

Property Description

Business For Sale - Reduced Price - Burleigh Heads - ID 8922 BL

- Management Rights For Sale
- Fantastic Location on The Esplanade Overlooking The Pacific Ocean
- Busy complex with lots of repeat business
- Building has been fully renovated (all windows and doors done), no major works planned
- All apartments have stunning ocean views, just what holiday makers want
- Great resort style facilities
- Walk to Burleigh Heads restaurants and shops, 10 minute drive to the Casino
- Directly across from patrolled beach and parklands
- Comprehensive management systems in place
- Agreements will be topped up to a full 10 years for a new buyer
- Office on title
- Two bedroom, two bathroom manager's residence
- A great holiday business in a fantastic location. This complex would be ideal for anyone seeking a stable, well located holiday complex with all management systems in place. All major work is now complete, the new owner can concentrate on running the business.

Net Profit: $366,426
Asking Price: $2,595,000
(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 Brokers
Phil Trimble & Gerard Dixon

Property Summary

Business Snapshot

Price: $2,595,000 Remuneration / Body Corp Salary: $84,994Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $780,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On Title

The manager's residence offers two bedrooms, two bathrooms and single car accommodation. A pet is permitted with Body Corporate approval

Complex Information

Complex Type: HolidayTotal Units in Complex: 62Total Units in Letting Pool: 33Holiday Units: 33Owner Occupy Units: 20Outside Agent Units: 4Lockup Units: 4Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 7 yearsPool: YesSpa: YesGym: YesTennis Court: YesWIFI: Yes