Prestige Beachfront Holiday Resort in Main Beach
$3,370,000
Resort / Holiday management rights, Main Beach QLD
Discover an exceptional opportunity in the heart of Main Beach, where luxury meets convenience in this exclusive high-rise resort. Situated mere steps away from the pristine beachfront, seize the chance to acquire the Management Rights for this prestigious property.
Featuring an array of elegantly appointed 1, 2, and 3 bedroom apartments, most offering panoramic ocean vistas, this resort epitomizes seaside opulence. Indulge in resort-style living with a wealth of amenities including a fully heated pool, invigorating spa, rejuvenating steam rooms, alfresco BBQ area, and a full-size tennis court. Guests seeking the ultimate holiday sanctuary will find it here, complete with complimentary underground parking for added convenience.
The supportive and proactive Body Corporate also pay for a gardening contractor to maintain all gardens, hedges and lawns, leaving you to focus on the running your business.
Nestled within this luxurious resort is your very own renovated ground floor manager's unit, boasting two bedrooms, two bathrooms, lofty ceilings, and an expansive private courtyard.
Live and work in paradise with the beach just steps away, and a diverse selection of restaurants, cafes, and shopping options within easy reach. Plus, enjoy close proximity to both Southport Yacht Club and Surf Life Saving Club.
With the flexibility of NO set office hours, an impressive net profit of $420,631, generous Body Corporate remuneration, and ample potential for business expansion, including 25 units currently under lock up, this lucrative Management Rights opportunity is not to be missed.
Net Profit: $420, 631
More Information
- Total Purchase Price: $3,370,000
- Net Income: $ 420,631
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 1,100,000
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?