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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

SOUTHPORT RESORT
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
AvailabilityVacant
Virtual TourView Tour
Category
Last updated  10 Jun 2020
Map for Southport QLD 4215
Map for Southport QLD 4215Southport QLD 4215
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  • Purchase Price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Our partners at Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

MRSales
170 Scarborough Street Southport QLD 4215

Inspections are still happening

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

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Inspections are still happening

Contact Agent