Beachfront Management Rights with Stunning Ocean Views - ID 8791
Offers Over $1,150,000
Resort / Holiday management rights, Surfers Paradise QLD
Gold Coast Management Rights For Sales
Introducing your Beachfront Paradise
Discover the perfect balance of income and lifestyle, a remarkable beachfront management rights offering stunning ocean views from all 20 units. With prime location and direct beach access, this is your chance to work and live the dream!
Immerse yourself in a balanced lifestyle! Enjoy the breathtaking beach views, direct beach access, and the flexibility of no set hours and low maintenance duties. This unique opportunity is perfect for those seeking a harmonious blend of income and beachside lifestyle.
- Healthy net profit of $130,716
- Body Corporate salary of $49,802
- Stable letting pool of 12 units
- No office hours!
- Low maintenance caretaking duties (1-2 person operation)
- Over 20 years on the agreements
- Supportive Body Corporate Committee and Manager
- Prime location in Surfers Paradise
- Amazing work-life balance!
The manager's residence is a modern, ground-floor unit with two bedrooms, two bathrooms, and direct access to the beach. Wake up to stunning ocean views and take advantage of the larger-than-normal outdoor terrace. Enjoy morning walks on the beach, quick trips to Surfer's Paradise, and evening drinks overlooking the ocean. The outdoor terrace with external access is even pet-friendly (subject to body corporate approval)!
Don't miss out on this amazing opportunity. With its modernized units, prime location, stable rental pool, and excellent facilities, it's perfect for the entry-level buyer or downsizers looking for a balanced lifestyle. Contact us now to secure your piece of beachfront paradise!
Net Profit: $136,432
Asking Price: Offers over $1,150,000
(Inclusive of manager's real estate)
More Information
- Total Purchase Price: Offers Over $1,150,000
- Net Income: $ 130,716
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 610,000
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?