Currumbin
$3,300,000
2
2
1
Management Rights
- 45 Total Units
- Resort/Holiday Complex Type
- 22 Letting Pool
- $74,909 Remuneration
- $500,142 Net Profit
- $950,000 Manager's Unit
- BBQ, Pool Features
Property Description
$500,000 NET PROFIT - BEACHFRONT HOLIDAY MANAGEMENT RIGHTS
This is a rare opportunity to acquire a high-performing Gold Coast Management Rights with absolute beachfront at Currumbin. The resort sits in the first row on the beach. Guests enjoy ocean views and walks across the road to the beach. Onsite, they have the luxury of a swimming pool, tennis court, and BBQ facilities. This is the kind of lifestyle that keeps guests coming back season after season. The complex is also a short walk from Currumbin Wildlife Sanctuary - one of Queensland's top tourist attractions. The M1 Pacific Motorway provides easy access for guests travelling from Brisbane and beyond. This location drives strong, consistent holiday demand year-round. This 45-unit holiday management rights business delivers a net income of over $500,000 p.a. And the letting pool of 22 units continues to grow....... The business sits within a secure Accommodation Module agreement with 23 years remaining of a 25-year term. The body corporate salary is reviewed annually in line with CPI. The incoming manager may choose to live offsite or otherwise reside within the spacious 2-bedroom, 2-bathroom manager's residence with a dedicated car space. Office and reception are on title and separate from the residence. The numbers are already strong. There is still headroom to push income even further from day one. Contact Ken Weng now!
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