GOLD COAST MANAGEMENT RIGHTS FOR SALE - PRIME BEACHFRONT LOCATION

$2,400,000

Resort / Holiday management rights, Tugun QLD

A fantastic opportunity is being offered by Premier Business Sales to secure one of the few truly absolute beachfront holiday complexes on Queenslands stunning Southern Gold Coast. This well-established management rights business offers direct beach access, with every unit boasting uninterrupted North Facing Ocean views a major drawcard for holidaymakers. Located just minutes from the Gold Coast airport, the complex is perfectly positioned for guests. The new managers can enjoy the benefits of no set office hours, a generous body corporate salary and a very nicely renovated ground floor unit. Current owners are ready to move on after a decade in this beautiful complex.

- Great Body Corporate salary
- Prime Gold Coast beachfront location
- No set office hours
- Net Income $277,354
- Potential to increase letting pool
- Strong tourism demand

Tugun is a relaxed, beachside suburb on the Southern Gold Coast, offering uncrowded beaches, a friendly village atmosphere, and easy access to everything you need. Just minutes from the airport and major transport routes, it strikes the perfect balance between coastal tranquillity and convenience. With a strong community, local cafs, and stunning natural surrounds, Tugun is ideal for those seeking a laid-back lifestyle with long-term value.

Call now to inspect this beautiful property.

More Information

Financial Overview

Total Purchase Price: $2,400,000
Net Income: $ 277,354 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 1,200,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: 4.3
_{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.}

Letting Business

Letting Pool: 17
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 14
_{Number of units resided in by their owners.}

Lock Ups: 9
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 8
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 48
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 107,666
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 20 years
_{How long is the caretaking contract.}

Agreement Remaining: 16 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 43 years
_{How long has the management rights existed.}

Office Hours: No set office hours
_{Required Office Hours}

Complex Features: Swimming Pool, Spa, Rooftop Spa, BBQ Area, Games room, CCTV, WIFI, Secure Underground Car Parking, Direct Beach Access

Real Estate Component

Manager's Unit: 2 2

Included Real Estate: $ 1,200,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 1

Office On Title: 1
_{Is there a manager's office included on the title?}

Pets: Yes
_{Can the manager own a pet on site?}

Unit Features: Renovated 2-bedroom 2-bathroom ground floor unit with private yard and 1 car space.