EXCEPTIONAL MANAGEMENT RIGHTS BUSINESS - ABSOLUTE BEACHFRONT LOCATION

Perfectly positioned on the beachfront in the heart of Tugun, this management rights complex is in an outstanding location to attract holiday makers all year round. The Southern Gold Coast is seeing rapid development and this complex is set to benefit greatly due to its prized and unique location.

The building consists of a total of 74 apartments, 46  of which are in the letting pool (+ 1 x External Penthouse) . The complex has recently undergone a total repaint and swimming pool refurbishment and presents beautifully. To compliment this great business is a wonderful 3-bedroom, 2-bathroom renovated ground floor managers unit, just steps from the beach.

The new owners will appreciate the benefits of the excellent systems that the current owners have in place, all the hard work is done. With long agreements, high net profit, manageable caretaking duties and excellent beachfront residence, this complex will provide the investment and life you have been looking for.

  • Absolute beachfront
  • High net profit - $551,636
  • Reliable mixed letting business with excellent growth potential (additional units to due to come into the holiday pool)
  • Recent refurbishments completed
  • Flexible management with option for nominee to live onsite
  • Manageable caretaking duties with great BC salary
  • Outstanding location in the heart of Tugun Village

Call now to find out more about this outstanding Management Rights opportunity or to arrange an inspection.

Suburb Tugun
Price $4,200,000
Property Type Commercial
Property ID 1306
Category Hotel/Leisure
Office Area 1m2

Agent Details

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Scott Saunders

0432 144 822
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