Management Rights with Expansion Potential - ID 9062

Management Rights For Sale
Very Secure Business, Salary is 90% of Net Profit

• Huge potential upside, convert 17 permanent rentals over to holiday rentals.

• Managing 119 units, with 21 currently in the letting poolcomprising 17 permanent and 4 holiday units.

• Situated in the heart of Surfers Paradise, this property enjoys a coveted central location, ensuring a dynamic and bustling environment.

• Offering a combination of 1 and 2 bedroom units, catering to diverse tenant needs.

• Benefit from new agreements, offering long-term stability and peace of mind.

• Included is an office on title, ensuring efficient business operations.

• Residents enjoy access to a rich array of amenities, including 3 pools (2 heated), spa, sauna, BBQ areas, tennis courts, and a games room - elevating their living experience.

• Just a leisurely stroll away from the beach, cafes, and restaurants, ensuring easy access to leisure and dining options.

• Provides peace of mind with dedicated security parking.

This iconic building is a standout in Surfers Paradise, offering an excellent salary package for the manager and unparalleled proximity to the city's amenities. With office hours limited to Monday to Friday, you can enjoy a desirable work-life balance.

Iconic building in the heart of Surfers Paradise. Great salary for manager and close to everything. Monday to Friday office hours only. 2 bedroom, 2 bathroom manager's residence.

Net Profit: $273,000
Total Asking Price: $2,138,000
(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 Brokers
Gerard Dixon & Phil Trimble

Property Code: 539