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Burleigh Heads Esplanade Holiday High Rise
$3,300,000
Resort / Holiday management rights, Burleigh Heads QLD
Management Rights for sale Burleigh Heads Gold Coast, This Holiday Resort is perfectly located on the Esplanade of Burleigh Heads. This is perfectly located complex providing magnificent Ocean Views from every apartment. The apartments are fully self contained and have had ongoing renovations, the complex had fantastic facilities for the guests to enjoy with large lagoon Pool, 2 x Spa, Sauna, Gym, Tennis court. Lift x 2 and under cover secured parking. Public transport is available and close to Patrolled beach, Surf Clubs and restaurants. So much to see and do on the Gold Coast. Great complex for a couple to manage.
More Information
- Total Purchase Price: $3,300,000
- Net Income: $ 501,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 1,200,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.2
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?