Seize this rare opportunity to own a management rights business with direct access from the manager’s apartment straight to the beach in the heart of Tugun. After a long and successful tenure, the current owners are ready to retire, offering you the chance to take over a well-established business with a strong client base of repeat guests and solid future bookings.
All apartments have been beautifully renovated, and the property enjoys excellent relationships with both the unit owners and the Body Corporate. With 23 years remaining on the Accommodation Module, this is a fantastic chance to live and work in a prime beachfront location while earning over $202k in net profit annually.
The manager’s unit has also been tastefully renovated and features a wonderful outdoor area, perfect for relaxation. The building offers an ideal balance of work and lifestyle, making it a must-see for anyone looking to invest in beachfront management rights.
• Net Profit: $202,000
• Business Price: $850,000 @ 4.2x
• Unit Price: $975,000
• Total Price: $1.825M
• Remaining on Accommodation Module: 23 years
Inspect today! Contact Kerrie Lush at 0416 084 693 or kerrie@ras360.com.au.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**