Permanent Management Rights for Sale
Close to City with Low Multiplier
- High body corporate salary of $115,114 plus GST with CPI increases each year.
- Net operating profit is around $170,002.
- No set office hours, all permanent rentals with a letting pool of 27 units.
- 25-year long agreement with 22 years remaining.
- Very cooperative and friendly committee and body corporate.
- Genuine retirement of the senior manager, who has established a solid foundation for the new manager to take over and achieve a stable income.
- Additional income opportunities available for a new, young manager.
- Renovated quality townhouse with 3 bedrooms, 2 bathrooms, 1 garage, and 1 car space.
- Every detail has been carefully designed and well-maintained.
- Large, beautiful backyard for relaxation in a very beautiful environment.
- Air-conditioning with many fans to keep the unit cooler and comfortable.
- Super convenient location, close to restaurants, shopping centers, train station, bus stop, major roads, and quality schoolsalmost everything within walking distance, yet very peaceful.
- Total selling price is only $1,399,000, including the quality 3-bedroom townhouse.
If you want a high, stable income with great potential to earn more, plus quality townhouse living, this is the one you can't afford to miss. Call now to find out more.
Net Profit: $170,002
Asking Price: $1,399,000
(Inclusive of manager's real estate)
For further information or to arrange an inspection of this Gold Coast Management Right business for sale contact:
Management Rights Broker
Bill He
