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SURFERS PARADISE
Accommodation & Tourism Businesses for Sale in Surfers Paradise, QLD
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Surfers Paradise Waterfront Permanent Management Rights Opportunity
Surfers Paradise, QLD, 4217
Accommodation/tourism
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Management Rights
$1,399,000
Exclusively presented, Kings Row North is a well-established permanent waterfront management rights business in the prestigious area of Paradise Waters, Surfers Paradise. This is an excellent opportunity for an operator seeking a straightforward, lifestyle focused management rights business in a sought after Gold Coast location.The complex comprises 35 one and two-bedroom apartments, with the onsite management rights currently overseeing 8 apartments in the letting pool. Adding further appeal is the opportunity to grow the business, with 8 additional apartments currently managed by outside agents and potentially available to transition to the onsite letting pool.Generating a strong Body Corporate salary of $87,871 + GST and total net profit of $97,011, this established business offers the flexibility of no set office hours (contactable only) and a more relaxed management rights lifestyle. This is why the current owners have called this home for over 10 years!Set in a highly sought-after waterfront position, the complex offers a unique lifestyle with direct access to the water, a boat ramp and 12 dedicated marina berths, a standout feature rarely found in management rights opportunities. Complementing this is a swimming pool, spa, BBQ pavilion and secure underground parking, creating an attractive offering for both residents and an onsite manager.The spacious managers unit (162sqm) comprises of an airconditioned 2 bedroom, 2 bathrooms, generous sunny private courtyard, 2 car spaces plus a large exclusive use storage area.Kings Row North is ideally positioned just a five-minute walk from the Main Beach G:link light rail station and the vibrant caf and restaurant precinct of Tedder Avenue. Located within easy reach of Surfers Paradise, the property offers convenient access to the Gold Coasts iconic beaches, dining, shopping and entertainment, while enjoying everything this highly sought-after coastal lifestyle has to offer.KEY BUSINESS FEATURES - Permanent management rights Paradise Waters, Surfers Paradise - Unique waterfront location - 35 apartments comprising one and two-bedroom units, 3 storey walk up complex - 8 units currently in the letting pool - Potential to secure a further 8 outside-managed lots - $87,871 + GST Body Corporate salary - $97,011 net profit - No set office hours (Contactable Only) - Established business successfully operated by the current owners for 10 years - Swimming pool, Spa, BBQ pavilion - Underground secure parking - Boat ramp - 12 marina berthsDont miss out on this rare waterfront permanent management rights opportunity. Contact Craig today to find out more.Net Profit: $97,011Property Code: 148
MANAGEMENT RIGHTS - SURFERS PARADISE - PRICED TO SELL
Surfers Paradise, QLD, 4217
Accommodation/tourism
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Management Rights
$1,200,000
An exceptional opportunity to secure a solid performing management rights offering the perfect combination of strong income, long agreements and growth potential.Ideally positioned just a short stroll to the beach and within easy walking distance to the light rail, this boutique complex delivers the best of coastal living while remaining tucked away from the busy tourist strip, making it highly attractive to both holidaymakers and families.This well-maintained 3-storey walk-up complex features low-maintenance gardens and resort-style amenities, ensuring ease of operation and minimal workload for incoming managers. Business Highlights: - Net Profit: $204,652 - Body Corporate Salary: $82,841 - Module: Accommodation - Term Remaining: 22 years - Letting Pool Upside: 12 externally let units providing strong growth potential - Easily Managed Complex with low overheads - Beautifully renovated manager's unitThis business offers a secure and consistent income stream, underpinned by a solid salary and proven letting performance, with clear opportunity to increase revenue by growing the letting pool.Property Code: 1375
Strong Year Round Bookings in Surfers Paradise - ID 9228
Surfers Paradise, QLD, 4217
Accommodation/tourism
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Management Rights
$1,720,000
Mixed Management Rights for SaleLow Multiplier - Only 3.60 - Simple operation with a highly manageable workload. - High Body Corporate salary of $108,117 plus GST, featuring annual CPI increases. - Net profit of $241,243, backed by exceptionally strong holiday bookings. - Secure 10-year agreement with the full 10 terms remaining. - Diverse letting pool of 11 units (7 holiday and 4 permanent), plus 9 outside agents and 9 lock-up unitsoffering significant upside income potential. - Consistent year-round bookings providing stable income in one of the Gold Coasts premier tourist destinations. - Spacious managers residence featuring 2 bedrooms, 2 bathrooms, 1 secure underground car space, and a beautiful balcony. - Prime, convenient location in the heart of Surfers Paradisewalking distance to the beach, shops, restaurants, medical center, pharmacy, bars, and public transport, while still maintaining a peaceful environment. - Low multiplier of 3.60 - Total selling price is only $1,720,000, which includes the spacious 2-bedroom manager's apartment. This is a rare management rights opportunity you cant afford to miss! Net Profit: $241,243Asking Price: $1,720,000(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 BrokerBill HeProperty Code: 1159
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