Just Listed

Premium Holiday Management Rights Opportunity - Over $650K Net

Price: $5,100,000

Net profit: $651,659

Hotel Resort Sales exclusively presents a chance to secure a high-performing management rights business in one of the Gold Coast’s most iconic holiday management rights buildings.

The complex features a mix of one and two-bedroom fully self-contained apartments, with 45 in the letting pool (23 holiday and 22 permanent). This business delivers impressive returns, boasting a net profit of over $650k.

An allocation of over $60k has been factored into the figures to provide the incoming management team with flexibility to enhance staffing levels, such as front office or maintenance personnel.

Included is a substantial body corporate salary of over $348k and excellent long-term security, with 23 years remaining on a 25-year agreement.

Supported by a proactive and cooperative Body Corporate, the current managers have implemented efficient systems, ensuring a smooth and seamless handover for incoming operators.

Also included in this sale is a 2-bedroom, 2-bathroom managers apartment with a separate spacious office on title.

Guests enjoy premium resort facilities including:

·        Indoor and Outdoor Pools
·        Two Spas, Gym, Sauna BBQ & Entertainment areas
·        Rooftop BBQ area

This management rights ticks all the boxes, opportunities of this calibre are rarely available. Call Craig to find out more.

Net Profit:  $651,659

Details

Suburb Surfers Paradise
Price $5,100,000
Property Type Business
Property ID 83
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