Surfers Paradise, Queensland


Property Description

Business For Sale - Busy Surfers Paradise Resort - ID 8060 BL

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: $420,000
Asking Price: $3,300,000
(inclusive of managers real estate)

For further information on this Gold Coast management rights opportunity contact the listing broker Phil Trimble

Property Summary

Business Snapshot

Price: $3,300,000 Net Profit: $420,000 Remuneration / Body Corp Salary: $184,481

Managers Unit

Value of Managers Apartment: $900,000

Complex Information

Complex Type: HolidayTotal Units in Complex: 80Total Units in Letting Pool: 34Holiday Units: 34Owner Occupy Units: 8Outside Agent Units: 32Lockup Units: 6Agreement Term: 25 yearsAgreement Term Remaining: 16 yearsPool: YesSpa: YesGym: Yes

Marketing Agent

Marketing Agency

MR Sales

Phil Trimble
MR Sales


Listing Tools

This listing last updated: 12th September 2018

Property Map

Map Location ( get directions )

Surfers Paradise, Queensland 4217 Exact map location not provided

Similar Properties

Surfers Paradise Holiday Resort

Net Income: $420,000
Managers Estate: - 3 Bed 3 Bath
Letting Pool: 109
Remuneration: $184,000