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Management Rights business for sale in Southport

  • Management Rights
  • Southport QLD 4215
  • $1,370,000 (GST na)

Business For Sale - Iconic Southport Resort - ID 8035 BL

Uninterrupted Broadwater Views

- New Accommodation module agreements for the new manager
- Current managers retiring after 8 years
- No set office hours, no requirement to live on-site
- Low ground maintenance
- 94 unit complex
- 51 units in the letting pool (38 permanent, 13 holiday)
- All units are 1 bedroom and studio apartments
- 2 bedroom, 2 bathroom managers unit
- Reception and back office attached and on title

Rays Resort in Southport is ideally located on Marine Parade overlooking the Broadwater. It is a mid-rise complex with lifts. Growth potential with 23 units outside let

Net Profit: $205,000
Asking Price: $1,370,000
(inclusive of managers real estate)

Listing Management Rights Broker - Phil Trimble

Business Highlights

Business ID2015179124
Floor Area1m²
ParkingAsk Business Broker
Annual returnAsk Business Broker
Last updated  17 Apr 2019
Map for Southport QLD 4215
Map for Southport QLD 4215Southport QLD 4215
170 Scarborough Street Southport QLD 4215