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      Management Rights business for sale in Surfers Paradise

      • Management Rights
      • Surfers Paradise QLD 4217
      • $1,295,000

      Business For Sale - Gold Coast Permanent Complex - ID 8811 BL

      - Management Rights For Sale
      - Riverside Location
      - Residential Highrise with Resort Facilities
      - Built in 2003 this modern highrise residential building offers both river and ocean views and is situated adjacent to the Nerang River and close to Surfers Paradise
      - Impressive facilities including heated pool, spa and sauna, barbecue area, large fully-equipped gymnasium, movie theatre, residents lounge, full size tennis court, community garden, riverside sundeck, and 28-berth marina with extensive boardwalk
      - Generous Body Corporate salary of over $113,000 plus GST per annum ensuring security of income
      - Accommodation module agreement with 20 years remaining - currently expires November 2037
      - There are 76 lots in the building and with 14 in the letting pool, the workload is very manageable
      - Apartments are to a high standard with rents ranging from $450 - $700 per week
      - Comfortable air-conditioned ground level 2 bedroom, 2 bathroom manager's residence with 2 car spaces and garden and skyline outlook
      - The Committee is very supportive and proactive and a regular maintenance programme is in place for the common areas, with the exterior painting of the building completed earlier this year
      - Residential complexes of this calibre are seldom available and the sale of this business creates a rare opportunity to acquire a permanent management rights business with the benefit of what is undoubtedly a quality building in a superb location.

      Net Profit: $140,800
      Asking Price: $1,295,000
      (Inclusive of manager's real estate)

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

      Exclusive Broker
      Deborah Tilley

      Business Highlights

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      Business ID


      Last updated

      06 Sep 2017


      Management Rights, Resort, Accommodation & Tourism

      Map for Surfers Paradise QLD 4217

      Suite 1 Ground Floor, Equinox Sun Resort 3458 Main Beach Parade Surfers Paradise QLD 4217