Permanent Management Rights for Sale
Maximise Your Profits in Prime Location
- Embark on a lucrative business venture with unparalleled income potential, a rare gem in the market.
- Boasting a robust net operating profit of $416,879.
- Enjoy substantial revenue streams, including a generous body corporate salary of $262,149 plus GST, an additional commercial salary of $50,032, totalling over $300,000.
- Manage a portfolio of 34 permanent rentals in the letting pool. Additional 10 apartments are managed by outside agents, offer significant room for expanding the letting pool.
- 25-year term agreement with 23 years remaining for stability and security.
- Indulge in the opulence of a modern 3-bedroom, 2-bathroom residence with a security car park and an expansive courtyard.
- Operate from a professional office space featuring three spacious rooms, a front desk, and ample storage.
- Proudly situated in a stylish, well-maintained modern building, exuding sophistication.
- Experience unparalleled convenience in a prime location with shopping centers, restaurants, bars, pharmacies, medical centers, beaches, parks, and public transport, all within walking distance.
- Enjoy a tranquil environment in a high-quality building equipped with first-class facilities.
- Optimise education opportunities with proximity to excellent schools.
- Seize this extraordinary opportunity at a compelling total selling price of $3,590,000, encompassing $1,295,000 of real estate on title.
Opportunities like these don't come around every day this is the dream business and residence you've been waiting for. Act now and turn this rare find into your reality.
Net Profit: $416,879
Asking Price: $3,590,000
(Inclusive of $1,295,000 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
Bill He
Property Code: 719
