Permanent Management Rights for Sale
24% ROI, Strong Letting Pool & Riverfront Lifestyle
- Guaranteed Body Corporate salary of $127,561 + GST, with an annual net profit of $171,574.
- Total of 55 apartments, with 33 in the letting pool, including 9 external units.
- Well-maintained complex with attractive gardens and a resort-style pool.
- Exclusive-use office included for efficient onsite management.
- Strong rental demand and consistent occupancy throughout the year.
- Supportive Body Corporate committee and cooperative owners.
- 22 years remaining on management rights agreements, offering long-term security.
- Resort-style facilities including pool, BBQ area, Wi-Fi, and cable TV.
- Modern complex built in 2006, maintained to a high standard.
- Prime location just 50m from shopping and medical services, and only a short drive to the airport.
Perfect for an active couple ready for a lifestyle change, with the opportunity to grow the business further by expanding the letting pool.
With a prime riverfront location, spacious apartments, and a low-maintenance complex, this is relaxed living at its best.
Delivering a 24% return on investment, this is a high-performing management rights opportunity you won't want to miss.
Net Profit: $171,574
Asking Price: Offers Over $710,000
For further information or to arrange an inspection of the North Queensland Management Rights business contact:
Management Rights Broker
Antonio Curulli
Property Code: 998
