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

Similar Properties

CARRARA
Marvelous Resort Lifestyle along with HUGE...

$1,744,199
Net Income: $197,200
Managers Estate: $610,000 3 Bed 2 Bath
Letting Pool: -
Remuneration: $145,500

Shine Realty
TERRIFIC RETURN ON INVESTMENT!
Exclusive

LABRADOR
TERRIFIC RETURN ON INVESTMENT!

$1,640,800
Net Income: $235,675
Managers Estate: $380,000 3 Bed 2 Bath
Letting Pool: 80
Remuneration: $124,369

Property Bridge

CARRARA
THREE P’s - PRESTIGE, PERFECTION AND...

$1,744,199
Net Income: $197,000
Managers Estate: $610,000 2 Bed 2 Bath
Letting Pool: 96
Remuneration: $145,500

Property Bridge

RICHLANDS
NEW PERMANENT MR - OVER $200K NET PROFIT |...

Bus $1.145M + Unit $419K
Net Income: $204,613
Managers Estate: $419,000 4 Bed 2 Bath
Letting Pool: 83
Remuneration: $99,600

ResortBrokers
CARETAKING ONLY PERMANENT
Exclusive

CARRARA
CARETAKING ONLY PERMANENT

$1,618,000
Net Income: $154,000
Managers Estate: $750,000 3 Bed 3 Bath
Letting Pool: 1
Remuneration: $154,000

Property Bridge

MAIN BEACH
Absolute beachfront holiday complex with...

$1,690,000
Net Income: $247,151
Managers Estate: $570,000 2 Bed 1 Bath
Letting Pool: 22
Remuneration: $41,172

ResortBrokers