Absolute Beachfront Management Rights – Gold Coast
Management Rights
ActivePropertyQueenslandB2C
Asking price
$2,435,000
Disclosed · AUD
Revenue (est.)
~$1,380,156
Estimated · comparable listings of this type and size
Net Profit
$344,073
Implied multiple
7.1×
asking / earnings
Brief
- Established management rights at an absolute beachfront location on Tugun beach; no roads to cross
- 34 units in the letting pool; 50% repeat clientele with solid occupancy
- Strong body corporate salary; 25-year agreement with 18 years remaining
- Manager's unit: 2 bed, 2 bath ocean views, ground floor, fully refurbished
- Facilities include swimming pool, spa pool, rooftop sauna, beachside BBQ and tennis court
- Close to local shops, restaurants, Gold Coast airport, John Flynn hospital and motorway
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