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Address available on request Surfers Paradise, QLD 4217

Address available on request,
Surfers Paradise, QLD 4217

Hotel, Motel & Leisure

Price information

Sale

$990,000

Key property information

Floor area

Private inspections

to arrange a private inspection.

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Exclusive - No Requirement To Live On Site - ID 7912

Holiday Management Rights For Sale
Total ROI 17% (Including manager's residence and office)

- Holiday letting on Chevron Island

- Manager's unit currently rented for $45,244 per annum (NOT included in net profit)

- Multiplier of 3.06

- Walk to beach, shops and restaurants

- Quiet location, very popular with holiday makers

- Ample upside as current managers are not hands on

- A busy, budget building with potential to increase tariffs

- Supportive and proactive committee

A terrific holiday business for newcomers to the Management Rights industry. As there is no requirement to live onsite, locals can continue living in their own home, enjoy a manageable workload and receive a great ROI.

Net Profit: $172,986
Asking Price: $990,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:

Exclusive Management Rights Broker
Gerard Dixon

Property Code: 788

Property ID: 504575040Last Updated: 24 Apr 2024

04336175...
realcommercial.com.au logo
Address available on request
Surfers Paradise, QLD 4217
Management Rights Sales - QLD & NSW
170 Scarborough Street
SOUTHPORT, QLD 4215
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