Main Beach Qld 4217

$2,749,114
Main Beach Management Rights Businesses for SaleMain Beach Management Rights Businesses for Sale

Main Beach Management Rights Businesses for Sale

Management Rights Gold Coast - Main Beach Qld

Main Beach Management Rights Businesses for Sale
Management Rights Gold Coast – Surfers Paradise Qld

Id: 2022 Business Summary
Price: $2,749,114
Nett Profit: $385,341,000
BC Remuneration: $457,000
Location: Main Beach Qld, 4217
Complex Features: Swimming Pool,
Pets Allowed? Yes BC permission
Office Hours: 9am – 2:30pm Monday to Friday
Agreement Term: 8 years Remaining
Total units in Complex 190
Units in Letting Pool: 15
Outside Agents: 20
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Main Beach Management Rights Businesses for Sale
With 15 Apartments in the letting pool.

Opportunity to improve the rental pool as there are 20 outside agents.

Set in beautiful Main Beach the residential complex boast an exclusive position that offers resort facilities.

Standard Module with 8 years remaining
Lavish Gardens
Resort style facilities
24 hour security
Extensive office space on title
No unit to purchase, requirement to live onsite with current manager renting a unit in the complex
Body Corporate salary $457,000.00 with CPI increases
15 units under management, with another 20 outside let and 190 in the complex
Net profit $385,000.00 with $97,530.00 in profit for garden and cleaning contractors
Office hours 9am to 2:30pm Monday to Friday only

Ill health has forced the sale of this complex with the current managers short tenure.

Net Income $385,341.00
Business Price $2,389,114.00
Property Price: $360,000.00 (Front office, lower level office, kitchen/lunch room area, storage and pool area kitchen all on title)
Total Purchase Price $ 2,749,114.00
#ManagementRights #Business has a stable letting pool and if you have your full Real Estate License you will be able to increase the income by selling apartments. Surfers Paradise Main Beach continues to the hub for many Australians (Click Here for more information) with many things to see and do. All of the Gold Coast is close by if you wish to avail yourself with all of the Gold Coast Resort activities (Along Cavil Avenue are shops, cafes and lively nightclubs. The towering Q1 building, with its SkyPoint observation deck offers panoramic ocean and city views). Hosting popular markets ranging from Surfers Paradise to Burleigh, the Casino in Broadbeach, as well as many golf courses nearby, schools and restaurants.

Close to great public and private schools, local amenities and The Spit

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Please call me to inspect this fantastic opportunity David Manson 0412 707 173

Property Features
  • Management Rights Gold Coast
  • Pool
  • Alarm System

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