Main Beach, Queensland

$1,690,000

Property Description

Business For Sale - Absolute Beachfront Holiday Management Rights - ID 8233 BL

- Management Rights For Sale
- Must Sell
- Lots of repeat business
- Ocean views from all apartments
- 25 year agreement term from April 2019
- Actual beachfront, no roads to cross
- Easy access to restaurants, light rail
- Renovated manager's apartment
- Gallery Vie compliant
- Ideal first timer holiday business
- Only 4.8 multiple
- ALL OFFERS CONSIDERED

Net Profit: $234,000+
Reduced Asking Price: $1,710,000
(Inclusive of manager's real estate)

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

Management Rights Broker
Gerard Dixon

Property Summary

Business Snapshot

Price: $1,690,000 Net Profit: $234,000 Remuneration / Body Corp Salary: $40,360Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $590,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: Other

Complex Information

Complex Type: HolidayTotal Units in Complex: 23Total Units in Letting Pool: 14Holiday Units: 14Owner Occupy Units: 4Outside Agent Units: 4Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesSpa: YesBBQ Area: YesPay TV: YesWIFI: Yes

Marketing Agent


Marketing Agency

MR Sales

Gerard Dixon
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Main Beach, Queensland 4217 Exact map location not provided

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