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Old Bar, address available on request

Old Bar, address available on request

Hotel/Leisure

  • For Sale
  • $1,795,000
  • For Sale

  • Land Area
  • 1.00 m² (approx)
  • Floor Area
  • 1 m²
  • Tenure Type
  • Vacant Possession
  • Last Updated
  • Feb 22, 2021

Interested in this property? Contact an Agent today

Management Rights Sales - QLD & NSW

170 Scarborough Street

Southport Qld 4215

James Carrick

Business For Sale - Rare Beach Frontage and Huge Manager's Salary

- NSW Management Rights For Sale
- Renovated Complex Set Up For Secure Domestic Growth
- Beach Lifestyle to Boot!
- Holiday management rights for sale
- Set on 100m of private absolute surf beachfront
- 31 of 41 units currently in the letting pool
- Unrivaled high end caretakers remuneration
- Caretaking and letting agreements topped up every second year at AGM subject to performance
- 10 hours only of compulsory office hours. 10am - 12 pm
- Owners heavily investing in apartment renovations
- First class resort style facilities - huge solar heated pool, recreation room and BBQ area
- Beautifully appointed & renovated manager's real estate and office
- Recent trade spike due to domestic travel boom
- The business has experienced a 15% growth on top of the verified net operating profit
- A perfect business and sea change lifestyle opportunity to escape the corporate lifestyle whilst maintaining a corporate base salary. Complete with genuine ocean sounds around the clock. Current owners have set this business up for a seamless transition for the new owners to benefit from every possible angle.

Net Profit: $360,000

Old Bar, address available on request

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