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Accommodation & Tourism business for sale in Palm Beach

  • Accommodation & Tourism
  • Palm Beach QLD 4221
  • $555,000 (GST na)

No Unit To Buy - ID 9128

Permanent Management Rights For Sale
ROI of 20% on the Asking Price

- 100m to the ocean at Palm Beach
- New 25 year agreements to incoming manager
- As new building (4 years old)
- High demand rental area, within Currumbin Highschool catchment zone
- Multiple visitor carparking
- Secure access with fobs and intercom to all apartments
- Generous salary of $97,188 + GST
- Short drive to M1 and Gold Coast Airport
- Minimal workload

This is a rare opportunity to purchase a Management Rights business in a new building without the need to buy real estate. This pushes the overall return on investment up to 20% which is rare in management rights. This business in ideal for anyone new to the industry or an existing operator looking to add to their management rights portfolio.

Net Profit: $114,976
Asking Price: $550,000

For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:

Management Rights Brokers
Gerard Dixon & Phil Trimble

Business Highlights

Business ID2019104306
Floor Area1m²
Category
Last updated  16 Apr 2024
Map for Palm Beach QLD 4221
Map for Palm Beach QLD 4221Palm Beach QLD 4221

Business Highlights

Business ID2019104306
Floor Area1m²
Category
Last updated  16 Apr 2024

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