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PERMANENT BY THE PARK

A fantastic opportunity awaits the incoming buyer to secure a solid business with a very stable income and a more than comfortable manager’s residence featuring 3 double bedrooms, 2 bathrooms, upstairs balcony with views to the river, 2 separate living areas and a large attached office. With a double garage and a private backyard, the manager’s residence ticks all the boxes.

The current managers have been there for 11 years and are now looking to move back to New Zealand. Set within picturesque grounds, this business offers a generous Body Corporate salary, a manageable workload, no set office hours, a pro-active Committee, and a history of regular top-ups. 

Nerang is a popular letting location with very high demand and vacancies are rare.   The location is excellent, being handy to the M1, and an easy walk to local schools, shopping and supermarket. Public transport including the train to Brisbane and tram to Broadbeach are within a short drive and Surfers Paradise and Broadbeach are just 15 minutes away by car.

This business is priced well, represents great buying at a multiplier of 3.75 and would suit both an experienced operator or someone new to the industry. Sellers are very genuine about selling so organise your inspection now.

Suburb Nerang
Price $1,295,000
Property Type Business
Property ID 1207
Category Accommodation/Tourism
Office Area 1m2

Agent Details

Deborah Tilley photo

Deborah Tilley

0424 428 489
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