Permanent Management Rights - Surfers Paradise - ID 9062

$2,135,000

Management Rights For Sale
Surfers Paradise Icon

Elevate your career with this prestigious high-rise management rights business encompassing 119 units.

- Managing 119 units, with 26 currently in the letting pool—comprising 23 permanent and 3 holiday units.

- Situated in the heart of Surfers Paradise, this property enjoys a coveted central location, ensuring a dynamic and bustling environment.

- Offering a combination of 1 and 2 bedroom units, catering to diverse tenant needs.

- Benefit from new agreements, offering long-term stability and peace of mind.

- Included is an office on title, ensuring efficient business operations.

- Residents enjoy access to a rich array of amenities, including 3 pools (2 heated), spa, sauna, BBQ areas, tennis courts, and a games room—elevating their living experience.

- Long-term tenants in place with rents reaching up to $530 per week, delivering consistent and attractive income.

- Just a leisurely stroll away from the beach, cafes, and restaurants, ensuring easy access to leisure and dining options.

- Provides peace of mind with dedicated security parking.

This iconic building is a standout in Surfers Paradise, offering an excellent salary package for the manager and unparalleled proximity to the city's amenities. With office hours limited to Monday to Friday, you can enjoy a desirable work-life balance.

Iconic building in the heart of Surfers Paradise. Great salary for manager and close to everything. Monday to Friday office hours only. 2 bedroom, 2 bathroom manager's residence.

Net Profit: $273,000
Total Asking Price: $2,135,000
(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 Broker
Ben Lynn