Exclusive Permanent Management Rights for Sale - Gold Coast High Rise Resort

$3,850,000

Resort / Holiday management rights, Surfers Paradise QLD

Hotel Resort Sales is pleased to present this rare opportunity to acquire a high-performing permanent management rights business in one of the Gold Coasts most sought-after lifestyle locations. This prestigious high-rise resort offers an enviable combination of consistent income, long-term security, and the freedom to enjoy Australias premier coastal destination.

Key Investment Highlights:
* Outstanding Financial Performance: Current net profit of $439,943 with continued growth potential via CPI-linked increases.
* Exceptional Body Corporate Salary: Approximately $40,000 per month (net of GST) providing unmatched stability and income security.
* Premium Resort Facilities: Residents enjoy a suite of resort-style amenities including sparkling pool/s, fully equipped gym, BBQ areas, and beautifully landscaped grounds all maintained to the highest standards.
* Luxury Managers Residence: Spacious and stylish 3-bedroom, on-title apartment offering comfort, privacy, and breathtaking surrounds.
* Well-Structured Staffing: Profit and loss include costs for common area cleaning and a part-time receptionist, ensuring smooth day-to-day operations.
* Body Corporate pay for: Onsite security, pool maintenance and gardening duties giving you the opportunity to concentrate on managing your business.

This is the perfect balance of profitability and lifestyle operate a thriving, established business while enjoying the benefits of living in one of Australias most iconic beachside destinations.

Opportunities of this calibre are rarely available contact Craig today for further information.

Net Profit: $439,943

Property Code: 70

More Information

Financial Overview

Total Purchase Price: $3,850,000
Net Income: $ 439,943 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 1,430,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: 5.5
_{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: 14
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 167
_{Number of units resided in by their owners.}

Lock Ups: 6
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 6
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 194
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 472,162
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 10 years
_{How long is the caretaking contract.}

Agreement Remaining: 9 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 34 years
_{How long has the management rights existed.}

Office Hours: M-F 8.30am-5pm, Sat 8.30am-12noon
_{Required Office Hours}

Complex Features:

Real Estate Component

Manager's Unit: 3 2

Included Real Estate: $ 1,430,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 2

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: 3 Bedroom, 2 bathroom, Separate laundry, Large Courtyard, walk in robe, 2 Car Parks, Airconditioned, size approx. 165m2