Proudly supported by all of the industry's leading brokers
Regal and Supreme Permanent Complex!!
Offers Above $4,600,000 considered
Permanent management rights, Surfers Paradise QLD
Exclusive and Unique residential complex situated within walking distance to the beach, offering amazing waterfront, sea and city views. This complex is in close proximity to excellent Public and Private Schools, Restaurants, Yacht and Surf Clubs, main access routes to both Coolangatta and Brisbane, whilst also being close to the light rail stations.
Well-appointed living on offer for the manager and although a busy work schedule, opportunity abounds for the astute and experienced manager, partnership or syndicate. Images do not depict this complex.
Inspections by appointment for suitably experienced and financially qualified operators.
To arrange an inspection please call: Gavin - 08854 or email:
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
More Information
- Total Purchase Price: Offers Above $4,600,000 considered
- Net Income: $ 470,000
()
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