RESORT STYLE LIVING!!

$2,050,000

Permanent management rights, Surfers Paradise QLD

This is a premium residential only complex with an absolute Main River aspect, allowing for an easy walk to the beach and light rail, enabling accessibility to shops and cafes in Broadbeach and Surfers Paradise.

A complex offering the following features - pets allowed (with body corporate approval), a flood lit tennis court, riverside BBQ, heated pool and spa, owners lounge, 35 seat cinema, sauna, gym, marina berths and a riverfront boardwalk. Images might not depict this complex.

Long term agreements, workable hours, supportive BC Committee, and Security Patrols. Figures incorporate commission from external rentals, and a marina berth rental.

A Modern renovated 2 bedroom 2 bathroom managers apartment with open plan dining and lounge area adjoining a fully functional kitchen. Separate access from the apartment to all the amenities that makes this complex so great, and in addition an adjoining exclusive use office, secure parking and storage.

To arrange an inspection please call: Gavin - 08854 or email: admin@

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

Financial Overview

Total Purchase Price: $2,050,000
Net Income: $ 218,600 ()
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 1,050,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: 4.6
_{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: 11
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 0
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 76
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 155,300
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 24 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: Contactable
_{Required Office Hours}

Complex Features:

Real Estate Component

Manager's Unit: 2 2

Included Real Estate: $ 1,050,000
_{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: