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LUXURIOUS - PRIME POSITION - NETS $255K
$2,100,000
Resort / Holiday Management Rights, MAIN BEACH QLD
Perfectly located within the beating heart of the Gold Coast's premier suburb of Main Beach!
This exclusive holiday resort boasts an outstanding Management Rights business with a rich and successful history. A solid relationship has been established with the Body Corporate and the incoming business owners would be well supported by outgoing onsite management.
A very well-established business, bookings in high demand, loyal return customer base and extremely well rated by booking platforms.
All amenities that you would expect from such a high standard resort are available for your guests delight, including gym, pools, BBQ's, sauna and tennis court.
Featuring 2 and 3 bedroom apartments with high-rise views to die for. A short stroll to the beach or to the iconic Tedder Avenue to enjoy the great bars, restaurants and cafes on offer. Dining at home? Another short walk to the local grocery store.
Stroll a little further and catch the tram to many of the Gold Coast's key destinations. Surfers Paradise or Sea World are only a 20-minute walk.
On-site manager's abode is a spacious 2 bedroom, 2 bathroom, 1 study, 1 car apartment with storage unit. Plenty of room for outdoor entertaining also. A comfy space for the family and guests.
Contact me now for your exclusive inspection of the business and apartment
More Information
- Total Purchase Price: $2,100,000
- Net Income: $ 255,672
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 1,100,000
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?