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AN IMPRESSIVE COMPLEX PRESENTS AN IMPRESSIVE OPPORTUNITY
$4,630,000
Permanent management rights, Surfers Paradise QLD
IMPRESSIVE Location - IMPRESSIVE BC Salary IMPRESSIVE Net Profit
This is an incredible opportunity! Experience luxurious, resort-style living with top-notch amenities and a prime location.
Some highlights:
Location:
Near public transport, renowned patrolled beaches, Tedder Ave precinct, and Macintosh Park.
Amenities:
2000-square-meter Lagoon Pool, indoor and outdoor heated pools, indoor and outdoor spas, iced plunge bath, sauna, steam room, and a large gym.
2 floodlit championship tennis courts, golf hit-up bay, and 4 BBQ areas. (1 large undercover area), car wash and detailing bays. 32 Berth Marina
Well-equipped Residents' bar/lounge, large lounge, Games Room with a full-sized snooker table, dart board, card table and library.
Managers Residence: Ground floor 3-bed, 2-bath (main ensuite with walk-in robe), lounge/diner, kitchen, laundry, large private garden, reception, and 4 offices on the title. Tandem and single-car bays.
Supervisory BC Agreement: Maintenance of pools, handyman duties, all gardening, and 24-hour manned security. Common area cleaning is at management cost.
This is truly a high-class affair for your consideration!
More Information
- Total Purchase Price: $4,630,000
- Net Income: $ 0
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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