Address available on request,
Surfers Paradise, QLD 4217
Hotel, Motel & Leisure
Price information
Sale
$1,540,000
Key property information
Floor area
Private inspections
to arrange a private inspection.
Map
Easy To Manage Holiday Building In Surfers Paradise - ID 9110
Management Rights For Sale
No Requirement To Live Onsite or To Have A Licence
- As new building
- Loads of potential with 5 of the lots not in the letting pool
- Very low caretaking duties
- 2 bedroom manager's residence currently in the letting pool
- Residential roof top recreational area
- All apartments have large live-in balconies
- Great views across the Surfers Paradise skyline and Nerang River
- All apartments in the letting pool are leasebacks
- 5 minute walk to the beach
Here is a very easy management rights business to run, showing a great return. The building is only 4 years old and still presents as brand new. The high returns are generated from leasebacks with 1, 2 and 3 year agreements in place. There are established systems to enable most of the work to be done remotely. There is very little caretaking work required. Ideal business as a bolt-on to an existing management rights business of for someone seeking semi-retirement.
Net Profit: $212,669
Asking Price: $1,540,000
(Inclusive of Manager's Real Estate)
For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:
Management Rights Broker
Gerard Dixon
Property Code: 704
No Requirement To Live Onsite or To Have A Licence
- As new building
- Loads of potential with 5 of the lots not in the letting pool
- Very low caretaking duties
- 2 bedroom manager's residence currently in the letting pool
- Residential roof top recreational area
- All apartments have large live-in balconies
- Great views across the Surfers Paradise skyline and Nerang River
- All apartments in the letting pool are leasebacks
- 5 minute walk to the beach
Here is a very easy management rights business to run, showing a great return. The building is only 4 years old and still presents as brand new. The high returns are generated from leasebacks with 1, 2 and 3 year agreements in place. There are established systems to enable most of the work to be done remotely. There is very little caretaking work required. Ideal business as a bolt-on to an existing management rights business of for someone seeking semi-retirement.
Net Profit: $212,669
Asking Price: $1,540,000
(Inclusive of Manager's Real Estate)
For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:
Management Rights Broker
Gerard Dixon
Property Code: 704
Property ID: 504453700Last Updated: 7 Mar 2024
04336175...
Address available on request
Surfers Paradise, QLD 4217
Management Rights Sales - QLD & NSW170 Scarborough Street
SOUTHPORT, QLD 4215
SOUTHPORT, QLD 4215
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Capri On Via Roma,Surfers Paradise, QLD 4217 6780 m²Shops & Retail • Hotel, Motel & Leisure • Showrooms & Large Format Retail
For Sale
42 Nerang Street,Southport, QLD 4215 1349 m²Hotel, Motel & Leisure • Shops & Retail • Offices