Absolute Beachfront Short Term Gem - ID 8760

$1,826,000

Mixed Letting Management Rights For Sale
Southern End of the Gold Coast

 

  • Well maintained mid rise resort
  • Long standing managers have decided to retire
  • 35 unit complex with 18 units in the letting pool
  • Body Corporate salary of $78,000
  • Long agreements with over 23 years remaining
  • Sinking fund balance $252,000 as of 1 October 2024
  • Would suit either experienced or first time operator
  • Excellent Committee & Body Corporate
  • Resort style facilites including heated pool, half tennis court & BBQ

 

The manager's apartment offers 2 bedrooms, 2 bathrooms, and double car parking. It is located on the ground floor in a quiet, private area and has direct access to the white sandy beach of Tugun.

 

Net Profit: $202,676
Asking Price: $1,826,000
(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 $1,826,000
Location Tugun
Property ID 8760

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