Surfers Paradise, Queensland

$2,700,000

Property Description

Business For Sale - Holiday Management Rights - ID 8060 BL

SURFERS PARADISE HOLIDAY MANAGEMENT RIGHTS
Outright Sale or Active Manager with Passive Investors

- Long Accommodation module agreements
- No requirement to live on site
- Resort facilities including heated pool, sauna and gym
- No. 3 on TripAdvisor in Surfers Paradise
- Ideal location close to public transport
- Managers real estate includes a 1 bedroom and 2 bedroom unit + conference centre, back office and reception - all on title
- Night manager occupies the 1 bedroom unit and the 2 bedroom unit is occupied by a long term tenant
- Proactive Body Corporate and committee

Impressive, modern high-rise building with exceptional resort facilities. All 2 bedroom units are dual keyed and furnished with modern packages

Net Profit: $409,804
ASKING PRICE: $2,700,000
(inclusive of managers real estate)

For further information on this management rights opportunity contact;
Listing Management Rights Broker - Phil Trimble

Property Summary

Business Snapshot

Price: $2,700,000 Net Profit: $409,804 Remuneration / Body Corp Salary: $195,716Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $800,000
2 x units on title, 1 x 1 bedroom unit and 1 x 2 bedroom unit

Complex Information

Complex Type: HolidayTotal Units in Complex: 80Total Units in Letting Pool: 34Holiday Units: 34Owner Occupy Units: 6Outside Agent Units: 32Lockup Units: 6Manager Units: 2Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 16 yearsPool: YesSpa: YesGym: Yes

Marketing Agent


Marketing Agency

MR Sales

Phil Trimble
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Surfers Paradise, Queensland 4217 Exact map location not provided

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Stratacorp