Incredible Growth Opportunity - Surfers Paradise - ID 8528

$1,456,000

Holiday Management Rights For Sale
Just Outside the Hustle & Bustle

 

MR Sales are pleased to present the opportunity to secure this Management Rights business situated in the heart of the Gold Coast. A stunning 3 storey walk-up holiday complex ideally located just outside all the “hustle and bustle” while still being only a short walk to the beach, amazing restaurants and cafes, shops and public transport, making it a must-stay for families and business people. With 12 holiday apartments in the letting pool and a generous Body Corporate salary of $74,236, this business has a very healthy net profit of $227,867. There is also an amazing opportunity to double the letting pool with 13 units currently rented through outside agents, targeting these and applying some strong marketing would generate incredible growth!

 

  • Healthy net profit of $227,867
  • Generous Body Corporate salary of $78,747 (CPI Indexed)
  • Low maintenance complex
  • Strong letting pool of 12 units
  • Opportunity to double the letting pool with 13 units rented through outside agents
  • Accommodation Module agreement (23 years remaining)
  • Office attached and on title
  • Ground floor, 2 bed, 2 bath managers residence with courtyard and secure parking

 

Looking for a strong holiday complex with incredible growth opportunities? Arrange your inspection now!

 

Net Profit: $227,867 
Asking Price: $1,456,000
(Inclusive of Manager's Real Estate)

 

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

 

Management Rights Brokers
Gerard Dixon & Phil Trimble

Price $1,456,000
Location Surfers Paradise
Property ID 8528

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