Holiday Management Rights For Sale
Just Outside the Hustle & Bustle
MR Sales are pleased to present the opportunity to secure this Management Rights business situated in the heart of the Gold Coast. A stunning 3 storey walk-up holiday complex ideally located just outside all the "hustle and bustle" while still being only a short walk to the beach, amazing restaurants and cafes, shops and public transport, making it a must-stay for families and business people. With 12 holiday apartments in the letting pool and a generous Body Corporate salary of $74,236, this business has a very healthy net profit of $227,867. There is also an amazing opportunity to double the letting pool with 13 units currently rented through outside agents, targeting these and applying some strong marketing would generate incredible growth!
- Healthy net profit of $227,867
- Generous Body Corporate salary of $78,747 (CPI Indexed)
- Low maintenance complex
- Strong letting pool of 12 units
- Opportunity to double the letting pool with 13 units rented through outside agents
- Accommodation Module agreement (23 years remaining)
- Office attached and on title
- Ground floor, 2 bed, 2 bath managers residence with courtyard and secure parking
Looking for a strong holiday complex with incredible growth opportunities? Arrange your inspection now!
Net Profit: $227,867
Asking Price: $1,456,000
(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 Brokers
Gerard Dixon & Phil Trimble
Property Code: 703
