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Management Rights Businesses for Sale in Surfers Paradise, QLD

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Management Rights
SURFERS PARADISE, QLD
$3,650,000
An outstanding opportunity presents to secure management rights within one of the Gold Coasts most tightly held and desirable locations.Perfectly positioned in the heart of Surfers Paradise, this well-established complex is just a short stroll from the famous Surfers Paradise Beach, Cavill Avenue, an array of restaurants, cafes, shopping and entertainment options. With the G: Link light rail network also close by, guests enjoy effortless access along the Gold Coasts coastal corridor, making it easy to experience everything this iconic destination has to offer.This long established management rights business offers an attractive combination of strong body corporate remuneration and letting income, providing the incoming owners with the benefits of an established operation, together with the opportunity to further build and strengthen the business.With a body corporate salary of over $139k per annum and a further increase scheduled for November, together with 31 apartments currently in the letting pool, the business delivers an appealing income stream, culminating in a substantial net profit of over $535k.The letting pool comprises of a mix of one, two and three bedroom self-contained apartments, catering to a broad range of holidaymakers. Guests enjoy the resort-style facilities, including a heated outdoor swimming pool, childrens wading pool, spa, sauna, games room, undercover BBQ areas and secure undercover guest parking.The managers residence provides the ideal opportunity to live where you work, featuring a well-priced ground-floor two-bedroom, two-bathroom air-conditioned unit with its own private courtyard.The current owners are entering their tenth year of operation and are now ready to move on, presenting an exciting opportunity for new owners to take the reins of this established Surfers Paradise management rights business.KEY FEATURES:* Prime Surfers Paradise location positioned in the heart of one of the Gold Coasts most tightly held and desirable locations* Short stroll to Surfers Paradise Beach & Cavill Avenue surrounded by restaurants, cafes, shopping and entertainment* G: Link light rail nearby convenient access along the Gold Coasts coastal corridor* Established management rights business with a proven operating history* Body corporate salary exceeding $139,000 per annum* Increase to body corporate remuneration scheduled for November* 31 apartments in the letting pool mix of 1, 2 and 3 bedroom self contained apartments* Excellent resort-style facilities including heated outdoor pool, childrens wading pool, spa, sauna and games room, undercover BBQ areas and secure undercover guest parking* Two-bedroom, two-bathroom managers residence, with private courtyard* Opportunity to further grow and strengthen an established businessOpportunities to secure management rights in tightly held Gold Coast locations such as Surfers Paradise are highly sought after, call Craig today to find out more.Net Profit: $535,280Property Code: 140
$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
$1,720,000