Sold

Surfers Paradise - Holiday- Sold & Settled - ID 7807

SOLD

Holiday Management Rights For Sale

Enjoy Spectacular Ocean Views from Each Apartment

 

• 12-storey complex featuring modern 1- & 2-bedroom apartments

• Long-term agreements with 24 years remaining, ensuring stability

• Exceptional Body Corporate and committee, ensuring efficient operations

• 20 apartments currently in the lucrative letting pool

• Partial bundled fees offer significant potential for growth

• Attractive low multiplier, facilitating a quick and favourable sale

• Exclusive Use reception with state-of-the-art Hirum PMS

• Lucrative Body Corporate salary of $69,250

• Easily manageable complex, minimising stress for operators

• Complete refurbishment of all facilities, guaranteeing a premium experience

 

Perfectly situated just steps away from a monitored beach and conveniently within walking distance to all the attractions of Surfers Paradise, making it an unbeatable location. An excellent opportunity for those entering the industry for the first time, this complex is truly exceptional.

 

Net Profit: $450,000

Asking Price: $2,845,000

(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

Phil Trimble



Price SOLD
Location Surfers Paradise
Property ID 7807

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