Surfers Paradise, Queensland

Offers Over $600,000

Property Description

PRICE REDUCED! GREAT MANAGEMENT RIGHTS BUSINESS IN SURFERS PARADISE! With a multiplier of only 3.2!

These Management Rights offer a great opportunity. It already creates a 6-figure net profit with the potential for more.

There are a total of 30 units with 10 in the letting pool and 11 with outside agents. This offers great potential to grow your letting pool and your income. The Body Corporate is supportive in helping the on-site managers.

The grounds are low maintenance with a large BBQ and entertaining area with wonderful heated swimming pool on the river's edge.

The Management Rights show a Net Profit of over $112,000

Unit Price: $240,000
Business Price: $360,000
Total Price: Offers over $600,000

Property Summary

Business Snapshot

Price: Offers Over $600,000 Net Profit: $112,000 Remuneration / Body Corp Salary: $47,541

Managers Unit

Value of Managers Apartment: $240,000Bedrooms: 1

Complex Information

Complex Type: ResortTotal Units in Complex: 30Total Units in Letting Pool: 10Holiday Units: 10Owner Occupy Units: 9Agreement Term: 25 yearsAgreement Term Remaining: 18 years

Marketing Agent

  • Jonathan Shorter

  • 0405 537 600
  • 0405 537 600
  • send email

Marketing Agency

RAAS Group

RAAS Group

RAAS Group

Jonathan Shorter
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Surfers Paradise, Queensland 4217 Exact map location not provided

Similar Properties

Coolum Beach Management Rights - 1P4157MR
New
Exclusive

COOLUM BEACH
Coolum Beach Management Rights - 1P4157M...

Management Rights $660,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

CRE Brokers

ROCKHAMPTON CITY
2393ML - Fantastic Leasehold Motel Waiting...

Leasehold $695,765
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers
simple quiet complex
Exclusive

RIVERHILLS
simple quiet complex

$510,000
Net Income: $40,000
Managers Estate: $390,000 4 Bed - Bath
Letting Pool: 25
Remuneration: $40,000

RAAS Group
LIFESTYLE OPPORTUNITY – PROFITABLE LEASEHOLD MOTEL NEAR THE WATER
Exclusive

TOWNSVILLE CITY
LIFESTYLE OPPORTUNITY – PROFITABLE...

$695,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

A B Brokers

KINGS BEACH
Business For Sale - Ideal First Time...

$630,000
Net Income: $68,000
Managers Estate: $385,000 3 Bed 2 Bath
Letting Pool: 16
Remuneration: $34,150

MR Sales

UPPER COOMERA
Permanent complex near Dreamworld

$690,000
Net Income: $84,000
Managers Estate: $300,000 3 Bed - Bath
Letting Pool: -
Remuneration: $60,000

RAAS Group