Surfers Paradise, Queensland

$1,110,000

Property Description

Management Rights with plenty of upside

Current managers have been here for over 20 year so plenty of scope to bring website and advertising up to date and increase to income.

Great location, one block from the beach with most units having great sea views. The gardens are set up for minimum work to keep in top class condition and with no fixed office hours.

There should be plenty of free time to walk to the beach.

The managers unit comes with a large outdoor area ideal to entertain your friends.

Property Summary

Business Snapshot

Price: $1,110,000 Net Profit: $126,000 Remuneration / Body Corp Salary: $40,300

Managers Unit

Value of Managers Apartment: $480,000Bedrooms: 2

Complex Information

Complex Type: ResortTotal Units in Complex: 24Total Units in Letting Pool: 13Holiday Units: 13Owner Occupy Units: 6Agreement Term: 25 yearsAgreement Term Remaining: 20 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

LIGHT DUTIES PERMANENT RENTALS NETTING OVER $150,000
New
Exclusive

ORMISTON
LIGHT DUTIES PERMANENT RENTALS NETTING OVER...

$1,125,000
Net Income: $157,613
Managers Estate: - 3 Bed 2 Bath
Letting Pool: 24
Remuneration: $119,915

RCA Business Brokers

GLADSTONE CENTRAL
2544MF - Freehold Opportunity with Great...

Price on Application
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers
Big Leasehold Caravan Park For Sale Qld
New
Exclusive

MILLMERRAN
Big Leasehold Caravan Park For Sale Qld

$1,200,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

A B Brokers
Impressive Residential Estate  Runaway Bay, Gold Coast.
Exclusive

RUNAWAY BAY
Impressive Residential Estate Runaway Bay...

$1,207,800
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Next Business & Property Sales

HELENSVALE
Growth Opportunities

$1,030,000
Net Income: $121,000
Managers Estate: $425,000 3 Bed 2 Bath
Letting Pool: 92
Remuneration: $96,000

Property Bridge
GOLD COAST RENT ROLL WITH OFFICE AND APARTMENT, LOW MULTIPLIER
Exclusive

SURFERS PARADISE
GOLD COAST RENT ROLL WITH OFFICE AND...

$1,066,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

A B Brokers