Perfectly positioned opposite the famous Burleigh beach one of the most popular tourist spots on the Gold Coast this holiday Management Rights business ticks all of the boxes.
The building consists of a total of 44 apartments, 20 of which are in the letting pool. The building has undergone a number of upgrading projects and the complex presents beautifully. To compliment this great business is a beautiful 2-bedroom, 2-bathroom renovated ground floor managers unit.
The new managers will appreciate the benefits of the excellent systems that the current owners have in place, all the hard work is done. There are no set office hours in the agreements and offering the an excellent return on investment this is a fantastic business and lifestyle opportunity.
Highlights -
- Rated Number #1 in Burleigh Heads on Trip Advisor
- Net $429,321
- No set office hours
- Beachfront location
- Beautiful groundfloor apartment
- Burleigh Heads, one of the hottest holiday destinations on the Australian East Coast
Sale Value -
Management Right Value (Standard MR Multiplier on profit in this location 4.7x) $2,020,000
Manager Apartment & office (Based on average of 3 recent Solnamara apartment sales) $1,200,000
Total Value $3,220,000
Offered to the Market at Offers Over $2,995,000
This complex is a must to inspect, contact me now to discuss further.
Property Code: 238
