Mixed Letting Management Rights For Sale
Southern End of the Gold Coast
- Well maintained mid rise resort
- Long standing managers have decided to retire
- 35 unit complex with 18 units in the letting pool
- Body Corporate salary of $78,000
- Long agreements with over 23 years remaining
- Sinking fund balance $252,000 as of 1 October 2024
- Would suit either experienced or first time operator
- Excellent Committee & Body Corporate
- Resort style facilites including heated pool, half tennis court & BBQ
The manager's apartment offers 2 bedrooms, 2 bathrooms, and double car parking. It is located on the ground floor in a quiet, private area and has direct access to the white sandy beach of Tugun.
Net Profit: $202,676
Asking Price: $1,826,000
(Inclusive of manager's real estate)
For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:
Management Rights Broker
Phil Trimble
Property Code: 868