"Talk to someone who's paying attention" . . . .

In a nutshell - (about this Management Rights)

Work from home 1 person business

Independent Licenced Real Estate Agent 07) 5594 0016 or 0403 050 255 (Terry) or 0403 382 046 (Mei)      Fax 07) 5594 0034

Plenty of spare time (Minimum yardwork)

Choice location for great Lifestyle

E: terrymcmiles@bigpond.com W: www.terrymcmiles.com

Home Office : 1/6 Buddy Holly Close Parkwood QLD Gold Coast  4214

100 steps to patrolled Beach, owners ready to retire . . . Midway between Broadbeach and  Surfers Paradise   $495,000   Mix of Holiday & Permanent  -   Location, Location, Location . . . .

About Terry

Buying Enquiries

Sellers Information

Yes, the location is absolutely prime . . . just 100 metres from the below stretch of Beach. Directly opposite will be a  new luxury Beachfront development of M$1 plus apartments.

Contact Terry

Home

Yardwork is at a minimum as easy care gardens are well established. The main duty is to keep the pool in it's pristine condition and leaf-blow or  sweep the paths as needed. Not at all difficult.

The Complex is a 3 storey walk up with security parking under. Most units have been modernised to at least 3.5 star standard. The Managers Unit in the front north eastern corner is light and sunny with new Kitchen and Bathrooms, tiled floors and private tiled terrace for outdoor entertaining. Excellent Pool and Bar-b-que area for guests enjoyment. 5 Permanent lettings, and 7 Holiday. Current Managers have owned the rights for the past 12 years and they have built a strong rapport with guests which has led to excellent repeat business and referrals. Individual units are quite spacious, all have 2 bedrooms with 2 bathrooms, full Kitchen, laundry  and excellent Living rooms. Balconies face North, upper levels with Ocean views. The targeted market has been the Family Holiday Market which makes sense with the patrolled beach virtually at the doorstep.

Very comfortable 3.5 star family living with most units upgraded in recent years. Wonderful holiday accomodation, security gated for peace of mind

Note: Price reduction  to $495,000. Owner needs to retire. This Boutique building is in great condition and with the building mix of permanent & holiday lettings, from a business point of view this is hard to beat.  With the multiplyer on the business set at an "all time low" , this is great value. Contact Terry for full financial report which is available on signing a confidentiality agreement.    Recommended as best value small holiday Management Rights on the market at the present time. Will consider offer.

There is plenty of scope for improvement in income being generated from this business as tourism interest again becomes high.  You can expect to revert back to previous high occupancy, and there is still room for tariff increases especially with general upgrade to streetscape that will come with the new development opposite. A full report showing current income and potential for growth is available to  buyers who sign a confidentiality form.  .

The Managers ground floor Unit (see above and below) is included in the price at valuation. It has a new Kitchen and excellent private Bar-b-que terrace.

A recent garden "revamp" with $5,000 spent by Body Corp make this boutique building more attractive (in its Tariff bracket) than anything else in Surfers. In addition a Council & Body Corp approved Roof has been added over the Managers exclusive use outdoor entertaining area.  . This is a huge improvement in Managers comfort and accommodation, as all dealings with guests, permanent tenants and tradespeople will be able to be conducted from this seperate outdoor office. Forward bookings continue to defy the industry averages with superior presentation bringing in a high level of "walk-ins". This management rights represents terrific value but a near offer will be considered.  With the recent price reduction  should sell quickly. Don't delay, Contact Terry for Fiscal information.(available on signing a confidentiality agreement)