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Southport QLD 4215

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, $1,340,000 (GST na)

Business For Sale - Iconic Southport Resort - Permanent Letting- ID 8035 H

Permanent Management Rights For Sale

- New Accommodation module agreements for the new manager
- Current managers retiring after 10 years
- No set office hours, no requirement to live on-site
- Low ground maintenance
- 94 unit complex
- 48 units in the permanent letting pool
- All units are 1 bedroom and studio apartments
- 2 bedroom, 2 bathroom managers unit
- Reception and back office attached and on title

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: $196,000
Asking Price: $1,340,000
(inclusive of managers real estate)

For further information contact the Management Rights Broker: Phil Trimble

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

Property Highlights

Property ID2015179084
Floor Area1 m²
Land Area1 m²
ParkingAsk Agent
Annual ReturnAsk Agent
Virtual TourView Tour
Last updated  10 Jun 2020
Map for Southport QLD 4215
Map for Southport QLD 4215Southport QLD 4215
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170 Scarborough Street Southport QLD 4215

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Reach out to the agent to arrange a private or online viewing

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