High Returns, Luxury Living, 25-Year Stability - ID 9122
High $5,000,000
Resort / Holiday management rights, Greater Gold Coast Region
Holiday Management Rights for Sale
Secure Your Prosperity Now - Rare Gem in Gold Coast!
MR Sales proudly presents an unparalleled business opportunity encompassing management rights and associated prime real estate.
This extraordinary venture stands as the epitome of high returns, boasting a staggering net operating profit of more than $700,000 and a substantial body corporate salary of over $140,000 plus GST.
It comprises a holiday letting pool of 36% out of the total unit, many lock-ups, in large modern prestige building.
Situated in the premier high-end holiday destination of the Gold Coast, this business opportunity comes with a 25-year long-term agreement, providing stability and a remarkable 23 years remaining.
The operation is characterised by a state-of-the-art, first-class system, and the working hours are limited to weekday daytime and Saturday morning, ensuring a balanced and efficient management structure.
The property has consistently maintained stable and robust bookings, resulting in high profits and perfect operational efficiency. No requirement to live onsite.
Boasting three bedrooms, two baths, and one secure car park, this residence exudes opulence with a very large balcony and full air conditioning throughout. Its prime location offers unparalleled convenience.
Complemented by a professional front desk and an attached office equipped with ample storage, this residence ensures seamless living. The resort-style apartments, crafted by a renowned builder, exemplify extremely high quality, and feature a host of wonderful facilities.
This rare opportunity presents the perfect synergy of a dream business and residence, seldom found in decades.
Act promptly to secure this rare gem and avoid any potential regrets. Your unparalleled business success awaits.
Net Profit: Over $700,000
Asking Price: High $5,000,000
(Inclusive of manager's real estate)
More Information
- Total Purchase Price: High $5,000,000
- Net Income: $ 0
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?