Under Contract

Premium Management Rights Opportunity - With a $815k Net

Price: $6,260,000

Net profit: $815,297

Hotel Resort Sales exclusively presents a rare chance to secure a high-performing management rights business in one of the Gold Coast’s most desirable coastal suburbs.

Comprising of 1, 2, and 3-bedroom self-contained holiday apartments, 40 of which are in the holiday letting pool, this business generates strong returns with a net profit exceeding $815K, including a $260K body corporate salary. It offers excellent long-term security with 19 years remaining on a 25-year agreement, plus the flexibility of no set office hours (currently operated under standard hours).

Backed by a highly supportive Body Corporate, the long-term managers (over 10 years) have streamlined systems in place, perfect for a seamless transition.

Guests enjoy premium resort facilities including:

• Heated indoor pool & outdoor resort pool
• Spa, steam room, tennis court & gym
• BBQ & entertainment areas
• Guest/resident lounge and free secure parking

Included in the sale is a beautifully renovated 2-bed, 2-bath manager’s apartment with high ceilings and a large courtyard, plus a spacious on-title office.

With 16 lockups and 3 outside agents, there’s genuine scope to grow the letting pool and boost returns even further.
This opportunity won’t last contact Craig today for more information.

Net Profit: $815,297

Details

Suburb Main Beach
Price $6,260,000
Property Type Business
Property ID 79
Category Accommodation/Tourism

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What our clients say

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...

Rob & Betty

We high recommend Craig Johnson for his professionalism and honesty. Knowing Craig personally through business for eighteen years prior to selling our share of the Management...

Carolyn & Wayne