Accommodation/Tourism for sale
TWO PERMANENT COMPLEXES PLUS ADDITIONAL RENT ROLL IN CARRARA
On offer is the managements Rights and associated Real Estate of 2 gated permanent complexes that are side by side in the highly desired suburb of Carrara on the Gold Coast in Queensland.
Additionally, there is a rental pool from another neighbouring property that is parcelled with this.
Offering a total of 63 permanent rentals in the letting pool, this is a very easy to operate business that is being sold at a low multiplier to attract a quick sale.
There are attractive agreements in place and the Manager’s residence is a 3 bedroom townhouse with office attached and on title.
Common area maintenance is minimal and is performed by one person and completed in less than one day per week.
All of the rental business is managed from one office and on one computer, but although there is no requirement to live onsite at the second complex, there is an obligation to purchase an apartment in it.
The apartment is currently rented at $430.00 per week and those figures are not included in the financials.
This offering is currently showing a net profit of $209,000 and there is massive upside for the next owner.
Discuss this with us for more detail.
- Business Category: Accommodation/Tourism
- Business Sub Category: Management Rights
- Building Area: 1.00 sqm