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Management Rights business for sale in Rainbow Bay

  • Management Rights
  • Rainbow Bay QLD 4225
  • $1,420,000 (GST na)

Business For Sale - Iconic Rainbow Bay Management Rights - ID 8958

- Management Rights For Sale
- Holiday Letting Plus Lifestyle
- Beautiful Rainbow Bay north facing holiday building
- 11 units in the letting pool of 2 & 3 bedroom configurations
- All units have beach views, either north or south
- Heated pool, BBQ, Wi-Fi, security parking
- Agreements through to 2040 and no set office hours
- Walk across the road to beach and surf club
- Close to Twin Towns and Coolangatta restaurants
- Recently painted building and new elevators
- Lots of repeat business
Long term managers retiring after 15 years. This business would suit couple looking for strong business with growth potential combined with lifestyle change. Refurbished 3 bedroom, 2 bathroom manager's residence with outdoor area and ocean views.

Net Profit: $138,000
Asking Price: $1,420,000
(Inclusive of manager's real estate)

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

Management Rights Broker
Warren Oliver

Business Highlights

Business ID2015837698
Floor Area1m²
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  1 Nov 2019
Map for Rainbow Bay QLD 4225
Map for Rainbow Bay QLD 4225Rainbow Bay QLD 4225
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