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Resort/Holiday Management Rights, Broadbeach
Expression of Interest
Resort / Holiday management rights, Greater Gold Coast Region
Management rights for sale in Broadbeach.
This Holiday Resort is perfectly located within a short distance of Pacific Fair and Star Casino.
This location is superb for a holiday complex with the beach a few meters away.
The apartments are fully self contained and have had ongoing renovations with a large pool for the guests to enjoy.
Undercover parking, with public transport out front and close to the patrolled beach, Surf Clubs and restaurants.
So much to do on Australia's playground.
Great complex for a couple to manage.
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, inaccuracy or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein,
More Information
- Total Purchase Price: Expression of Interest
- Net Income: $ 401,909
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 850,000
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?