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SURFERS PARADISE MANAGEMENT RIGHTS FOR SALE â SOLID SALARY LONG AGREEMENTS PRIME LOCATION
$1,369,000
Resort / Holiday management rights, Broadbeach QLD
An exceptional opportunity to secure a solid performing management rights offering the perfect combination of strong income, long agreements and growth potential.
Ideally positioned just a short stroll to the beach and within easy walking distance to the light rail, this boutique complex delivers the best of coastal living while remaining tucked away from the busy tourist strip, making it highly attractive to both holidaymakers and families.
This well-maintained 3-storey walk-up complex features low-maintenance gardens and resort-style amenities, ensuring ease of operation and minimal workload for incoming managers.
Business Highlights:
- Net Profit: $206,800
- Body Corporate Salary: $78,746
- Module: Accommodation
- Term Remaining: 22 years
- Letting Pool Upside: 12 externally let units providing strong growth potential
- Easily Managed Complex with low overheads
- Beautifully renovated manager's unit
This business offers a secure and consistent income stream, underpinned by a solid salary and proven letting performance, with clear opportunity to increase revenue by growing the letting pool.
More Information
- Total Purchase Price: $1,369,000
- Net Income: $ 206,801
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 790,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 2.8
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?