Spacious Free-Standing House
Permanent Management Rights for Sale
- Low multiplier of only 3.81 for a Permanent Management Rights business on the Gold Coast.
- Strong net profit of $127,111, supported by a high Body Corporate Salary of $113,989 plus GST, which makes up 84% of total income, with CPI increases annually.
- No set office hours and easy caretaking duties, offering flexible, reduced hours.
- Ideal for someone seeking a second income at their own pace or in their spare time.
- Long 20-year agreement with 16 years remaining.
- All permanent rentals with a small rental pool of only 8, offering potential for income growth.
- Rare free-standing manager's residence with 3 bedrooms, 2 bathrooms, and 2-car accommodation plus an additional car space.
- Includes a balcony, spacious courtyard, and a large, exclusive manager's office on the title.
- Situated in a quiet and beautiful environment.
- Total asking price: $1,384,000 (including the large 3-bedroom house).
Looking for spacious living with a secure income?
Look no furtherthis is an opportunity you can't afford to miss!
Net Profit: $127,111
Asking Price: $1,384,000
(Inclusive of Managers Real Estate)
For further information or to arrange an inspection of this business opportunity contact:
Management Rights Broker
Bill He
Property Code: 919
