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Management Rights business for sale in Southport

  • Management Rights
  • Southport QLD 4215
  • $3,828,000 (GST na)

Luxury Permanent Complex With High Net Income

An exciting investment opportunity awaits with this minimal workload high income prestigious property. Featuring 117 contemporary apartments over 15 levels, including 115 residential and 2 commercial units, this prime location ensures a secure letting pool. With no office hours or maintenance required, the business offers flexibility, operational efficiency and enables a strong emphasis on property management. Currently run by a team of two there is significant potential for additional repair and maintenance income stream.

The Body Corporate agreement has been extended until 2047, offering a substantial salary with annual increases. The majority of units are in the letting pool, with a luxurious manager's unit featuring 2 bedrooms, 2 bathrooms, and dedicated parking. Additional revenue potential comes from leasing out 8 storage cages. This modern landmark in the heart of Queensland's Gold Coast boasts contemporary design with panoramic views, large balconies, timber flooring, and stone benchtops. Residents enjoy shared rooftop spaces, including a residents-only club lounge, barbecue areas, and more.

- No set office hours

- Low maintenance

- High net profit above $500,000

- Stable consistent letting pool

- Additional revenue potential

- Long agreement in place

- Beautiful contemporary manager's apartment

Inspection by appointment only.

Property Code: 1293

Premier Business Sales
Premier Business Sales
8 Croft Court
Tugun, QLD 4224

Business Highlights

Business ID2019429348
Floor AreaAsk Business Broker
Category
Last updated  6 Nov 2024
Map for Southport QLD 4215
Map for Southport QLD 4215Southport QLD 4215
Inspections
Documents
Premier Business Sales
Premier Business Sales
8 Croft Court
Tugun, QLD 4224

Business Highlights

Business ID2019429348
Floor AreaAsk Business Broker
Category
Last updated  6 Nov 2024

Listed by

Scott Saunders
Premier Business Sales
Call
0432144822

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