Surfers Paradise QLD 4217

Hotel Resort Sales exclusively presents a chance to secure a high-performing management rights business in one of the Gold Coast's most iconic holiday management rights buildings.

The complex features a mix of one and two-bedroom fully self-contained apartments, with 45 in the letting pool (23 holiday and 22 permanent). This business delivers impressive returns, boasting a net profit of over $650k.

An allocation of over $60k has been factored into the figures to provide the incoming management team with flexibility to enhance staffing levels, such as front office or maintenance personnel.

Included is a substantial body corporate salary of over $348k and excellent long-term security, with 23 years remaining on a 25-year agreement.

Supported by a proactive and cooperative Body Corporate, the current managers have implemented efficient systems, ensuring a smooth and seamless handover for incoming operators.

Also included in this sale is a 2-bedroom, 2-bathroom managers apartment with a separate spacious office on title.

Guests enjoy premium resort facilities including:

· Indoor and Outdoor Pools
· Two Spas, Gym, Sauna BBQ & Entertainment areas
· Rooftop BBQ area

This management rights ticks all the boxes, opportunities of this calibre are rarely available. Call Craig to find out more.

Net Profit: $651,659

Property Code: 84