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Property Ref: 68188

Lucrative Beachside Resort – Management Rights For Sale

Property Type: Management Rights, Resorts

Sale Type: Management Rights, Management Rights and Freehold Investment

Region: Australia

Physical Address: Rainbow Bay, Coolangatta, Queensland 4225

Price: Management Rights and Managers Unit Asking AUS$1,772,000

Broker: Dilan De Silva

Mobile: +64 27 444 9692

Email: dilan@tourismproperties.com

Income, Lifestyle, Apartment with a view and Sunny Beachside Living

This fantastic property is located on the Southern Gold Coast beach town of Coolangatta. The resort overlooks one of the greatest surfing beaches of the world and offers a resort lifestyle, just minutes form the Gold Coast International Airport.

Located in an extremely popular, trendy and relaxed  holiday destination, this complex offers the managers a lucrative income and a beach front lifestyle. The resort has a good number of holiday and long terms rentals and a loyal repeat client base. Rainbow Bay is one of Australia’s most popular surfing beaches and the complex offer 1, 2 and 3 Bedroom Apartments – fully self contained. The complex has a swimming pool, BBQ area and it is located within 2 minutes walk to the beach.

The Managers Unit

A specious and private unit with 2 bedrooms, living, dining kitchen, small private garden and a view to the ocean. The unit offers plenty of storage and a lock up car port for 1 car. This is a great unit that is wrapped around the yard and it is also ideal for children.

Management Rights

A rather relaxed management rights operation with  lucrative income and a fantastic lifestyle. The management rights owners income is composed of holiday booking income, long term rental management commissions and building managers pay.

Agreement term: 25 years and agreement remaining: 19 years.

Units In Complex: 24, Letting Pool: 18, Owner Occupiers: 5

Remuneration $40,478

Net profit $199,000, Managers Unit Unit $875,000, Management Rights $897,000. Total Asking  Price $1,772,000.

The outgoing managers will offer extensive training and a lengthy handover to the new owners.

Hurry up and grab this amazing lifestyle and income opportunity!

For more information and to arrange your private viewing, please contact our specialist Management Rights Broker, Dilan De Silva on 04 26653774 or dilan@tourismproperties.com.


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Property Details

Property Type

Management Rights
Resorts

Sale Type

Management Rights
Management Rights and Freehold Investment

Region

Australia

Physical Address

Rainbow Bay, Coolangatta, Queensland 4225

Price

Management Rights and Managers Unit Asking AUS$1,772,000

Contact Agents

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Dilan De Silva

Branch Manager l Tourism, Hospitality & Leisure Business Broker
New Zealand Regions: North Island & Upper South Island International: Australia, Pacific Islands & Other Destinations
International: +64 27 444 9692
NZ Mobile: 027 444 9692

Email: dilan@tourismproperties.com

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