Burleigh Heads Management Rights with HUGE 3 Bedroom Unit
$1,900,000
Resort / Holiday management rights, Burleigh Heads QLD
Introducing Burleigh Heads Management Rights Featuring a huge three bedroom unit.
Located in beautiful Burleigh Heads, this three-story walk-up Management Rights complex is positioned just steps away from the beach and is conveniently located to shopping, dining, and entertainment along James Street.
Operated by a dedicated single operator for the past 16 years, this complex features self-contained two-bedroom units, overlooking tropical gardens.
Guests enjoy amenities such as a heated outdoor pool and spa, BBQ area, and secure underground parking. With a stellar reputation reflected in glowing reviews on platforms like TripAdvisor, this complex has a high volume of returning guests.
Included is a spacious, air-conditioned three-bedroom, two-bathroom ground floor manager's residence, complete with a generous kitchen, lounge, and private courtyard.
Supported by a proactive Body Corporate, a robust net profit for just one operator. A substantial 21 years remaining on the agreement, coupled with the presence of nine external agents, there is the opportunity to grow this business even further!
Take the next step in exploring this fantastic opportunity by contacting me today to schedule an inspection.
Net Profit: $214,190
More Information
- Total Purchase Price: $1,900,000
- Net Income: $ 214,190
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 870,000
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?