Surfers Paradise Holiday Management Rights Premium Gold Coast Opportunity

Price: $3,650,000

Net profit: $535,280

Surfers Paradise Holiday Management Rights Premium Gold Coast Opportunity

An outstanding opportunity presents to secure management rights within one of the Gold Coast’s 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 Coast’s 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, children’s wading pool, spa, sauna, games room, undercover BBQ areas and secure undercover guest parking.

The manager’s 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 Coast’s 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 Coast’s 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, children’s wading pool, spa, sauna and  games room, undercover BBQ areas and secure undercover guest parking

*  Two-bedroom, two-bathroom manager’s residence, with private courtyard

*  Opportunity to further grow and strengthen an established business

Opportunities 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:  $535,280

Details

Suburb Surfers Paradise
Price $3,650,000
Property Type Business
Property ID 140
Category Accommodation/Tourism

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Craig Johnson

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What our clients say

We recently purchased the management rights business at Marrakesh Holiday Apartments and could not be happier with the experience we had with Hotel Resort Sales, particularly Craig and Rebecca. From our...

Marrakesh Apartments Owner

Dealing with Hotel Resort Sales was the best decision we made selling our management rights. Craig and Rebecca have exceptional market knowledge their communication is very strong and always available...

Cheryl & Jeff Hislop

Well, a big thankyou for the gift. Also a big thankyou for the time and effort you put into securing the sale of Oxford Mews Rebecca and Craig. As I have said many times, there are sales people and then...

Russell & Rosemary Farquhar

Thanks so much for your gift and we love it so much! And I really appreciate all your support to me. You always try your best help me to find the solutions for various of problems during the purchase....

Ashley

Craig Johnson recently completed the sale of our Management Rights at Albatross North, Mermaid Beach, Gold Coast.  From commencement to completion, it was a pleasure doing business with Craig (with...

Ross Given & Jac Pearman

Rob and I decided to sell our Managements Rights Business in Burleigh January 2023 and chose Craig to be our agent.  So glad we did!Craig and his team were always in contact with us through every...

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