Management Rights, Burleigh Waters (70-Unit Complex)
Management Rights
ActiveHospitality & TourismQueenslandB2B & B2C
Asking price
$1,998,000
Disclosed · AUD
Revenue (est.)
~$1,069,968
Estimated · comparable listings of this type and size
Net Profit
$266,743
Implied multiple
7.5×
asking / earnings
Brief
- Management rights over a 70-unit permanent residential complex
- Letting pool of 55 units (37 in-complex, 18 external appointments); external rent roll of 18 permanent lots
- No onsite facilities to maintain and low garden-maintenance workload
- Renovated manager's townhouse with office on title and large courtyard
- Short drive to the M1 motorway, Varsity train station, Robina Town Centre and Burleigh Heads beach
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