GOLD COAST MANAGEMENT RIGHTS - OUTSTANDING BUSINESS OPPORTUNITY ON THE CANAL AND METERS TO THE BROADWATER.

$2,215,000

Resort / Holiday management rights, Biggera Waters QLD

Prime canal-front location, meters from the Broadwater
Beautifully renovated 3-bedroom, 2-bathroom unit
Two sparkling pools, including one heated
BBQ area, boat ramp, and marina access
Indigenous plantings for easy garden maintenance
Generous Body Corporate Remuneration: $108,615 (CPI ANNIVERSARY - APRIL
25 units in the letting pool
Accommodation Module for easy management ( 21 years remaining)
This exceptional business opportunity combines a prime location with luxurious facilities and a straightforward management structure, making it an ideal investment for those seeking a profitable and enjoyable work/lifestyle.
ENJOY THE NET PROFIT: $300,714.00
@ManagementRightsGoldCoast #ManagementRightsGoldCoast

More Information

Financial Overview

Total Purchase Price: $2,215,000
Net Income: $ 300,714 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 840,000
_{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.}

Letting Business

Letting Pool: 25
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 28
_{Number of units resided in by their owners.}

Lock Ups: 7
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 5
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 65
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 108,615
_{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: 21 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: nil
_{Required Office Hours}

Complex Features: Facilities and Amenities, A Prime Location with Exceptional Facilities+ This outstanding complex is perfectly situated on the canal and just meters from the Broadwater, offering an unparalleled combination of convenience and luxury. The business comes with a beautifully renovated 3-bedroom, 2-bathroom unit that has been upgraded to the highest standards, providing an exquisite living experience. Complete work and lifestyle balance.* The complex features two sparkling pools, one of which is heated, allowing for year-round enjoyment. Residents and guests can take advantage of the BBQ area, a boat ramp and marina, making it the perfect spot for those who enjoy water activities and outdoor entertaining. *The gardens are easily maintained, with indigenous plantings that enhance the natural beauty of the surroundings.