EASY TO RUN BEACHSIDE HOLIDAY BUSINESS IN BOOMING BURLEIGH | Resort Brokers ID : MR008026
$1,550,000
Resort / Holiday Management Rights, Burleigh Heads QLD
ResortBrokers presents an exceptional opportunity to acquire the Burleigh Palms Holiday Apartments, a secure and easy-to-run beachside holiday business located in the heart of the thriving suburb of Burleigh Heads.
This management rights business is well-structured, with no set office hours, allowing for a flexible lifestyle. The well-equipped office on title, is conveniently attached to the manager's unit, facilitating smooth operations.
When location iseverything, this property has it all, a private walkway to the most desired beach on the Gold Coast, Burleigh Beach to soak up the evening sunsets. With resort style facilities your new residence will feel like a taste of 'Bali' at Burleigh.
- Beachside holiday business with a great ROI
- High occupancy 87% plus $200,000 net profit
- No set office hours = lifestyle flexibility
- Cracking location, the most desired beach on the Gold Coast
- Great Body Corporate Committee relationship
- Resort-style facilities, heated saltwater pool& Bali BBQ pavilion
- Rare opportunity to get into Burleigh at an entry-level price
- Inspections are by appointment only
Date updated: 28 Apr 2024 23:00:04
More Information
- Total Purchase Price: $1,550,000
- Net Income: $ 200,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 650,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?