Sold

Beachfront Holiday Complex Surfers Paradise

Management Rights Business For Sale

Stunning beachfront location, this management rights offers great potential to increase its current net profit

- 28 floor tower, resort style quality, 106 unit complex with only 27 units in the letting pool
- Major building refurbishment completed recently
- Reap the profit, being sold as a permanent complex however convert back to holiday after Covid-19. Was netting mid $400,000 with holiday letting
- Located close to Surfers Paradise hub, restaurants, cafes, bars and tourist attractions
- Light rail station just metres away
- Spacious 2 bedroom managers residence with ocean views
- Nearby office on title with private back office
- Body Corporate remuneration $200,000
- Body Corporate cleaners and maintenance person included in expenses
- Resort facilities

Net Profit: $281,298
Real Estate price: $595,000 including office / reception

Suburb Surfers Paradise
Price SOLD
Property Type Business
Property ID 538
Category Accommodation/Tourism

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Agent Details

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David Rotheram

0414 706 600
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What our clients say

Scott presented us with a great business opportunity, and guided us every step through the process. Scott's invaluable assistance made the transition of the business a smooth and successful process. We...

Crystal Yuan

Thank you Scott so much for your incredible work and for your support through the Meridian Project from the beginning to the end. We are so appreciative of your work and for going way over and beyond helping...

Maggie & Mike Best

With almost two decades working in Management Rights we have bought and sold several Management Rights through Jim Beard. We met Jim in 2013 and immediately were struck by his fresh, honest and professional...

Neil & Chrissy Simpson

Over the past 10 years we have bought and sold several businesses and David Rotheram has been our "go to" broker through it all.  He has consistently provided us with sound business advice and opportunities;...

Victor Crump and Dr Amanda Murfett

We first met David back in 2001 when he sold our Management Rights at Ormiston.  We had approached other Brokers, who weren't really interested as the complex was tricky to market.  Needless...

Chris and Julie Mitchelson

David recently sold our large holiday resort on the Gold Coast.  David already had purchasers in mind when he listed our property, it then went to contract within the first 2 weeks with 2 back up...

Ray & Louise Thom Pete & Kath Logan