Tugun, Queensland

$1,900,000

Property Description

Business For Sale - Absolute Beachfront Resort - ID 8054 BL

- Management Rights For Sale
- Southern End of the Gold Coast
- Long standing managers have decided to sell
- 3 storey walk up on the beach at Tugun
- 42 unit complex with 23 in the letting pool
- Resort style facilities
- Accommodation Module with long agreements
- Easy to maintain complex
- Managers salary of $62,743
- Return clientele very strong
- Good committee and Body Corporate
- 3 bed, 2 bath manager's unit with ocean views
- The complex is located in Tugun, on the southern end of the Gold Coast. To the north is Currumbin and to the south is Coolangatta. 15 minute walk to shops, restaurants, surf clubs, post office etc. 5 minute drive to the airport. Cleanest and safest beaches on the Gold Coast. 5 minutes north to patrolled Tugun Surf Club and South Bilinga Surf Club. Bus pick up to theme parks. One of 20 complexes on the entire Gold Coast this close to the ocean without road to cross or obscure views.

Net Profit: $232,000
Asking Price: $1,900,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this management rights business contact:

Listing Broker
Phil Trimble

Property Summary

Business Snapshot

Price: $1,900,000 Net Profit: $232,000 Remuneration / Body Corp Salary: $62,743Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $750,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: No
Refurbished, 3 bedrooms, 2 bathrooms, Located on the ground floor, Fabulous views, Open plan living area, Air conditioned, Ceiling fans, Plenty of storage

Complex Information

Complex Type: HolidayTotal Units in Complex: 42Total Units in Letting Pool: 25Holiday Units: 23Permanent Units: 2Owner Occupy Units: 6Outside Agent Units: 7Lockup Units: 5Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesSpa: YesBBQ Area: YesWIFI: Yes

Marketing Agent


Marketing Agency

MR Sales

Phil Trimble
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Tugun, Queensland 4224 Exact map location not provided

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