Caretaking Only Business, Low Multiplier in Mermaid Beach
Caretaking Only Business, Low Multiplier in Mermaid Beach
Caretaking Only Business, Low Multiplier in Mermaid Beach
Caretaking Only Business, Low Multiplier in Mermaid Beach
Caretaking Only Business, Low Multiplier in Mermaid Beach
Caretaking Only Business, Low Multiplier in Mermaid Beach
Caretaking Only Business, Low Multiplier in Mermaid Beach
Caretaking Only Business, Low Multiplier in Mermaid Beach

Caretaking Only Business, Low Multiplier in Mermaid Beach

$975,000 Exclusive

Alexis at Broadbeach is all about lifestyle. Resort style pool & spa & BBQ area with low maintenance gardens. Current managers have enjoyed a caretaking only role. The upside is to grow this business into something much more than luxury living near the beach

Key Features

  • Sought after luxury living in Mermaid Beach
  • $64k Net BC salary
  • No office hours – contactable phone only
  • Room to grow business through engaging in letting – 5 x lockups & 5 x outside agents
  • $265k Sinking fund – after works to upgrade and maintain luxury living
  • Incredible location near Pacific Fair, beach, dining precincts and schools
  • Low multiplier 3.3 X
  • Fantastic lifestyle in a luxury building with low maintenance caretaking role

NB: Property inspections are by appointment only

Key Details

Listing Ref: MRC005075
Property Type: Management Rights
Region: QLD - Gold Coast
Suburb: Broadbeach
Sale Type: Management Rights - Caretaking only
Net Profit: $64,000
Price: $975,000

Listing Agent(s)

Agent Feedback

Todd always kept us informed of the sale progress. He was easy to contact, approachable, and as happy as we were, with the progress of the sale. We found Todd to be co-operative, honest and reliable. Always helpful and positive. Thanks.

- Stan and Jenny Barlow
Vendor,
Panaview Court

Dealing with Todd Warner was one of the most enjoyable experiences we have experienced when purchasing a business. Todd is a true professional in every aspect. Communication is paramount when dealing with an agent and Todd communicated to us all, throughout the buying process. I believe Todd built a fiduciary relationship with both the sellers and the buyer of Panaview Court which put all of us at ease with the whole purchase process. Todd was well informed in the selling of Management Rights and was able to answer all questions we had in relation to the purchase. Overall this was a very successful and enjoyable experience.

- Steve OShea
Purchaser,
Panaview Court