Permanent Management Rights for Sale
No Facilities, Less Lawn Care, Ultimate Ease
- No requirement to live onsite and no set office hours.
- Extra rental potential: Opportunity to add your unit to the rental pool, potentially earning an EXTRA $30,000 to $40,000 per year.
- No swimming pool, no BBQ area, and no gate maintenance required.
- Minimal lawn maintenance required due to very small patches of grass.
- Net operating profit is over $95,000.
- Body corporate salary of $53,701 plus GST.
- Total income potential estimated around $130,000.
- All rentals are permanent, with a letting pool of 19 units.
- 25-year long-term agreement in place, with 22 years remaining.
- A very friendly and cooperative body corporate committee.
- Modern, spacious townhouse featuring 3 bedrooms, 2 bathrooms, and 2 garages.
- Includes a large professional office with two rooms and separate entrances, on title.
- Very low body corporate levies.
Offered at an extremely reasonable price of $1,063,000, which includes the magnificent 3-bedroom manager's townhouse.
This unmatched opportunity is one you won't find a second of on the market at the moment. Seize it now, or face decades of regret.
Net Profit: $95,391
Asking Price: $1,063,000
(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
Bill He
Property Code: 779
