Live and Work Beachside Surfers Paradise
$1,150,000
Resort / Holiday management rights, Surfers Paradise QLD
Who would like the opportunity to work and live beside the beach?
This Management Rights complex is located on the Southern end of Surfers Paradise and can be operated by one or two people. Overlooking Northcliffe beach, with direct beach access, all rooms are fully self-contained boasting wonderful ocean and beach views.
With NO Set Office Hours, a healthy net profit and low maintenance grounds to keep, this is suited to an entry level buyer or those wishing to downsize.
Facilities include secure underground parking, lift access, BBQ, sun lounges, heated Outdoor Pool and Spa.
The two bedroom, two bathroom renovated managers unit enjoys ocean views from the balcony, as well as a huge courtyard area perfect for a pet.
If you have always dreamed of living by the beach now is time to inspect this beautiful Management Rights complex.
Net Profit: $130,716
More Information
- Total Purchase Price: $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?