MIAMI QLD 4220
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- 11 Nov 2016
Business For Sale - Increased Net Profit - ID 8063 H
MOTIVATED VENDOR - MAKE AN OFFER
Profitable Mixed Management Rights Business For Sale
Management rights business for sale Miami, Gold Coast
- A true and tried mixed business with a great return
- This is a well run, long term performing complex
- With generous Body Corporate remuneration, this complex stands out from the rest
- Strong repeat bookings from overseas athletes and sporting clubs due to its location
- Potential for a larger bottom line as a number of units are controlled by outside agents
- Easy to maintain gardens means there are plenty of time to enjoy this fabulous work/play lifestyle
- Close to public transport, restaurants, cafes and is withing metres of the famous Miami Beach
- Well designed, two bedroom two bathroom residence with balcony and patio
- Comfortable living assured with air-conditioning and ceiling fans
- Large office and reception area is on title
- Accommodation module agreements
- A true and tried mixed business with a great return, this is a well run, long term performing business.
With generous Body Corporate remuneration, this complex stands out from the rest. Solid occupancy rates for both the holiday and permanent portions of the rental pool, this is a profitable business. Strong repeat bookings from overseas athletes and sporting clubs due to its close proximity to Pizzey Park is also a bonus. It has the potential for a larger bottom line as a number of units are controlled by outside agents.
A small footprint and easy to maintain gardens means there is plenty of time to enjoy this fabulous work/play lifestyle. Location is the name of the game and this complex has this in spades as it is close to public transport, restaurants, cafes and is within meters of the famous, Miami Beach.
Net Profit: $296,695
Asking Price: $1,950,000
(Inclusive of managers real estate)
MAKE AN OFFER
For further information or to arrange an inspection of this Miami management rights business for sale contact:
Ian Forbes & Graham Lillyman
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information