Fantastic opportunity to purchase the one of the few privately owned management rights businesses on The Esplanade – every apartment with uninterrupted views of the beach and ocean, never to be built out.

Key Features

  • 12 story, 37 apartment mid-rise (22 managed in holiday letting pool)
  • Absolutely prime location on The Esplanade in Surfers Paradise
  • All apartments have un-interrupted views of the ocean, never to be built out.
  • 100m from Cavill Avenue - 100’s of shops, restaurants and cafes
  • Easy to manage business with minimal caretaking
  • Lengthy tenure to agreements - 23 years
  • Strong identifiable growth opportunities
  • One of the few remaining chances for a private operator to acquire a management rights business on The Esplanade – be quick, this one will sell quickly.

 

 NB: Property inspections are by appointment only

Key Details

Listing Ref: MR005089
Property Type: Management Rights
Region: QLD - Gold Coast
Suburb: Surfers Paradise
Sale Type: Management Rights - All
Net Profit: $319,677
Price: $2,175,000

Listing Agent(s)

Agent Feedback

Alex is a very professional and effective Management Rights Broker and we would highly recommend him to any managers wishing to sell their Management Rights and prospective managers wishing to purchase Management rights.

- Allan & Margaret Ott
Vendor,
Management Rights

I am not often moved to write to record my appreciation and recognition of outstandingly excellent work and good practice. This is because I have seldom found it.  This is not the case with Alex Cook and Resort Brokers.  The whole experience from the initial appraisal to the signing of the contract and later advice that the purchaser's finance had been approved has been of the highest order.    

- Peter & Marg Fisher SURFERS PARADISE

My experience in dealing with Alex Cook as the selling agent for Deepwater Point has been nothing short of outstanding. From the quality of marketing material, to the handling of site inspections, to the negotiation skills demonstrated whilst finalising the sale, Alex has proved himself to be an exceptionally professional and knowledgeable agent. I was particularly impressed with the constant and detailed feedback provided to me throughout the process. We felt comfortable from the start to the finish and always knew exactly what was going on, making the whole experience as stress free as possible. Alex also seems to have particularly good relationships with the various industry professionals used during the sales process, again making life a lot easier. I genuinely feel Alex had our best interests at heart at every stage, and would not hesitate in recommending him to anyone looking to buy or sell their Management Rights. Out of interest, I have gone on to purchase another Management Rights through Alex.

- Mark Fuhrmann
Vendor,
ex-Deepwater Point