Main Beach, Queensland

$4,620,000

Property Description

Business For Sale - MAIN BEACH MAGIC - ID 8820 BL

- Management Rights For Sale
- High Rise Overlooking Pacific Ocean
- 65 unit complex with 41 in the letting pool
- Accommodation module with 24 years remaining on agreements
- Managers salary of $99,758
- Letting authority charges have been bundled
- Body Corporate horticulturalist looks after gardens
- Proactive Body Corporate and committee
- Manager's unit offers two bedrooms, two bathrooms, high ceilings and wrap around courtyard
- 100 metres to the beach
- Sinking fund $188,000 as of July 2017
- Current managers live offsite
- Bright and airy apartments offering sea views, balconies and free Wi-Fi, two pools, sauna, gym and games room. Conveniently located close to Seaworld, Surf Club, Yacht Club and the cafes, bars, boutiques and restaurants on Tedder Avenue.

Net Profit: $642,507
Asking Price: $4,620,000
(Inclusive of manager's real estate)

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

Exclusive Agent
Phil Trimble

Property Summary

Managers Unit

Complex Information

General Features

  • Land Size: 1 m2 (approx)

Marketing Agent


Marketing Agency

MR Sales

MR Sales

MR Sales

Phil Trimble
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Main Beach, Queensland 4217 Exact map location not provided

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