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High-Yield Management Rights Opportunity on Chevron Island
$540k MR$460k Unit = Total $1M
Permanent Management Rights, SURFERS PARADISE QLD
Step into a high-yield investment with exclusive management rightswhere Mediterranean charm meets the vibrant heart of Chevron Island!
Discover a rare chance to own management rights to a thriving short-stay business in the heart of Chevron Island, ideally located just moments from the iconic Surfers Paradise beaches. With a solid body corporate salary of $46,000 and an impressive net profit of $135,000, this opportunity features one-bedroom units, perfectly suited for high-demand short-term rentals, and only four owner-occupiers, ensuring a strong, consistent letting pool.
Chevron Island offers a unique blend of laid-back coastal living and vibrant city amenities, attracting both locals and tourists year-round. The area boasts boutique shops, trendy cafes, and diverse dining options, all within easy walking distance, along with quick access to public transport, including the light rail, connecting you effortlessly to the rest of the Gold Coast.
The propertys Mediterranean-inspired design creates an inviting oasis for guests, complete with resort-style amenities such as a pool, BBQ facilities, and underground parking. This fully renovated complex enhances the guest experience with spacious layouts, private terraces, and stylish finishes, making it the ideal retreat for solo travelers, couples, and business guests alike.
Step into this exceptional investment and enjoy Chevron Islands unparalleled lifestyle while benefiting from consistent, high-yield returns in one of the Gold Coast's most coveted locations.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $540k MR$460k Unit = Total $1M
- Net Income: $ 135,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 460,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
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?