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Long Term Vendor Says Sell - Now Priced Below Market - ID 8922

$3,090,000

 

Holiday Management Rights For Sale
Magnificent Holiday Business Only 30 Metres from the Beach in Burleigh Heads

 

  • Body Corporate salary over $110,000
  • Building has been fully renovated
  • Total ROI 16% (business only ROI 24%)
  • Agreements to be topped up to 10 years prior to settlement
  • Large reception and office on title, no set office hours
  • Healthy sinking fund of over $800,000 with very little capital works in the pipeline
  • Very organised and well run complex, detailed systems in place for new manager
  • Impressive 2 bedroom residence (2023 valuation available to approved purchasers)
  • All units have uninterrupted ocean views
  • Excellent Body Corporate and proactive committee

 

On offer is this iconic high rise holiday building located in the established ocean side suburb ofr Burleigh Heads, just across the road from one of the best beaches on the Gold Coast. The location and the building facilities generate a large amount of repeat business.

 

Net Profit: $501,187
Asking Price: $3,090,000
(Inclusive of Manager's Real Estate)

 

For further information or to arrange an inspection of ths Gold Coast Management Rights Business for sale contact:

 

Management Rights Brokers:
Gerard Dixon & Phil Trimble

 

Price $3,090,000
Location Burleigh Heads
Property ID 8922

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