No Requirement To Live On Site - ID 7912

$930,000

Holiday Management Rights For Sale
Total ROI 18% (Including manager's residence and office)

 

  • Holiday letting on Chevron Island
  • Manager’s unit currently rented for approx. $40,000 (NOT included in net profit)
  • Multiplier only 3.6
  • Walk to beach, restaurants, and shops
  • Quiet location, VERY popular with holiday makers
  • Ample upside as current managers are not hands on
  • A busy, budget building with potential to increase tariffs
  • Supportive and proactive committee

 

A terrific holiday business for newcomers to the industry. Because there is no need to live on site, locals can continue living in their own home, work roughly 30 hrs PW and get over 20% ROI.

 

Net Profit: $130,470 (PLUS approx $40,000 for rental of manager’s unit)
Asking Price: $930,000
(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 Broker
Gerard Dixon

Price $930,000
Location Surfers Paradise
Property ID 7912

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