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.
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
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.
Please refer to www.tourismproperties.com for more information.If you would like to know more about this opportunity, please register on our website, and then navigate to the Documents tab on this listing, and request access to the confidential information therein, thank you.