Runaway Bay, Queensland

$1,450,000

Property Description

Business For Sale - Runaway Bay Resort - ID 7968 BL

- Management Rights For Sale
- On the Broadwater
- 72 unit complex with 27 in the letting pool
- Absolute water frontage
- Body Corporate salary over $100,000
- Opportunity for future growth and real estate sales in the complex
- 60% off bookings are direct
- Excellent Body Corporate and committee
- 3 bedroom, 2 bathroom manager's residence with water views
- Excellent resort facilities
- Most units in the letting pool are being refurbished
- Easy access to all that the Gold Coast has to offer
- The current manager's are retiring after 5 years. The complex has been well maintained and all apartments in the tower have fabulous Broadwater views. There is also an opportunity to moor a boat in the marina.

Net Profit: $188,000
Asking Price: $1,450,000
(Inclusive of manager's real estate)

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

Management Rights Broker
Phil Trimble

Property Summary

Business Snapshot

Price: $1,450,000 Net Profit: $188,712

Managers Unit

Value of Managers Apartment: $625,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On Title

Complex Information

Complex Type: n/aTotal Units in Complex: 72Total Units in Letting Pool: 27Permanent Units: 27

Marketing Agent


Marketing Agency

MR Sales

Phil Trimble
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Runaway Bay, Queensland 4216 Exact map location not provided

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