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Budget: $ 50,000 - $ 20,000,000
Budget: $ 50,000 - $ 20,000,000
Budget: $ 50,000 - $ 20,000,000

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Boutique Management Rights - Just Steps From The Beach!

$1,650,000

Resort / Holiday management rights, Surfers Paradise QLD

Perfectly positioned between Surfers Paradise and Broadbeach, this beautifully maintained management rights complex offers an enviable beachside lifestyle. Just steps from the sand, it provides the perfect balance of work and leisure.

With no set office hours in the agreement, this opportunity offers flexible management of body corporate duties, making it ideal for a single operator, a couple seeking a more relaxed lifestyle, or those looking to balance work with additional commitments.

The spacious ground-floor managers unit features two bedrooms, 1.5 bathrooms, a fully enclosed outdoor entertainment area as well as an oversized private courtyard - perfect for pets or entertaining.

This boutique, low-maintenance complex consists of 24 units, with 12 in the letting pool (includes 1 external let), plus two of which are dual key. The self-contained apartments are a favourite among holidaymakers and returning guests, boasting immaculate presentation and outstanding 5-star Google reviews. On-site amenities include a swimming pool, spa, sauna, and secure underground parking.

Located directly across from theSurf Club and patrolled beach, with a park and beach access just steps away. Conveniently positioned near an array of shops including pizza shop, takeaway, convenience store, bottle shop, and a tram stop.

With a proactive and highly supportive Body Corporate, this is a rare chance to secure a thriving beachside management rights business that offers both lifestyle flexibility and strong returns!

Call Craig for further information or to arrange an inspection.

Net Profit: $173,492

Property Code: 68

More Information

Financial Overview

  • Total Purchase Price: $1,650,000
  • Net Income: $ 173,492 (actual)
    This is the combined total income acheived by the business after expenses, before tax.
  • Included Real Estate: $ 950,000
    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.

Letting Business

  • Letting Pool: 12
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 10
    Number of units resided in by their owners.
  • Lock Ups: 2
    Number of units owners are not renting out, but also do not live in.
  • Outside Agents: 1
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: 24
    The total number of units within the complex.
  • Caretaking

  • Remuneration: $ 57,151
    This is the body corporate caretaker salary. It is included in the Net Income above.
  • Agreement Term: 25 years
    How long is the caretaking contract.
  • Agreement Remaining: 22 years
    How long remains on the caretaking contract before it must be renewed?
  • Agreement Age: 43 years
    How long has the management rights existed.
  • Office Hours: No Set Office Hours
    Required Office Hours
  • Complex Features: Swimming Pool, Spa, Sauna, Secure Underground Parking
  • Real Estate Component

  • Manager's Unit:   2 1
  • Included Real Estate: $ 950,000
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Manager's Car Spaces: 1
  • Office On Title: 1
    Is there a manager's office included on the title?
  • Pets: Yes
    Can the manager own a pet on site?
  • Unit Features: 2 Bedroom + 1.5 Bathrooms, huge courtyard, plus additional entertaining room and 1 car space
  • Listing Agent Contact Details

    %2Fusers%2Flogo_7568335%2F1.jpg Click here to view full profile for: Hotel Resort Sales

    Portrait

    Craig Johnson

    Office : 1300 946 ...
    Mobile : 1300 946 9210493 108 ...

    Hotel Resort Sales

    http://www.hotelresortsales.com.au


    Send an Email:

    PCS Finance

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    • Property ID: 21150489
    • Broker's Ref:
    • =7568335
    • Last Update: 1 month ago.
    • Listing Type: Resort / Holiday
    • Price: $1,650,000
    • Surfers Paradise, QLD

    Agent Details

    %2Fusers%2Flogo_7568335%2F1.jpg Click here to view full profile for: Hotel Resort Sales

    Portrait

    Craig Johnson

    Office : 1300 946 ...
    Mobile : 1300 946 9210493 108 ...

    Hotel Resort Sales

    http://www.hotelresortsales.com.au


    Send an Email:


    PCS Finance

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    • Letting Pool: 12
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      If you're interested in a property advertised on this website, please call the manager or broker whose details are on the listing. For any other matters, please get in touch with us below, we'd love to hear from you!

      Office : 111 Eagle St, Brisbane Q 4000
      Call : +61 7 3868 4047
      Agency Principal : 0407 769 944
      (DO NOT CALL THIS NUMBER IF YOU ARE A TENANT OR PROSPECTIVE TENANT!)
      Mail: info@TheOnsiteManager.com.au

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