PRICE REDUCED SIGNIFICANTLY - OWNER MUST SELL

Description

Price reduced significantly for quick purchase with all offers considered from $1,950,000. This business has a current value of $2,300,000 and would be ordinarily selling for $3,000,000 plus out of COVID and a huge potential to generate $400,000 – $500,000 NOP.
Key highlights:
– Surfers Paradise Holiday Complex
– Long agreements 24 years to run
– Income $302,960 (Normally $400,000 – $450,000 out of COVID)
– 100m to Beach
– Close to Surfers Paradise and Broadbeach
– 29 of 59 in the letting pool
– Occupancy 65% ( room to grow profits )
– Excellent amenities for guests
– Large renovated managers unit
– 3 Bedroom, 2 bathroom and 2 car spaces
– Managers unit and office separate
Please call Charles Nurse or Larry Seburn today for a full information package and inspection.

For Sale OFFERS FROM $1,950,000

  • Listing Ref: STC-01746
  • Property Type: Management Rights
  • Property Category: Resort / Holiday
  • State: QLD
  • Suburb: SURFERS PARADISE
  • Net Profit: $302,960 (Actual)
Charles Nurse
Director
0477 826 666
1800 111 622

Larry Seburn
+61 403756755
0403756755
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