Permanent Management Rights Complex, Burleigh Heads
Management Rights
ActivePropertyQueenslandB2C
Asking price
$1,727,000
Disclosed · AUD
Revenue
—
Earnings (est.)
~$293,065
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~5.9×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Permanent management rights plus associated real estate in Burleigh Heads
- Complex of 152 units with 40 in the letting pool
- 39 units currently with outside agents offering upside
- Opportunity to convert some units back to holiday letting
- Features 2 swimming pools, 3 BBQ areas and a tennis court
- Managers residence is a renovated ground floor 3 bed, 2 bath apartment with large balcony
- 250m from the beach and 100m from cafes, restaurants and shopping
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